Question
Dove, Inc., had additions to retained earnings for the year just ended of $643,000. The firm paid out $40,000 in cash dividends, and it has
Dove, Inc., had additions to retained earnings for the year just ended of $643,000. The firm paid out $40,000 in cash dividends, and it has ending total equity of $7.38 million. (a) If the company currently has 750,000 shares of common stock outstanding earnings per share? Dividends per Share? What is book value per share? (Do not round or intermediate calculations and round your answers to 2 decimal places, e.g 32.16) (b) If the stock currently sells for $30.80 per share, what is the market-to-book ratio? The ratings ratio? (Do not round or intermediate calculations and round your answers to 2 decimal places, e.g 32.16) (c) If total sales were $10.68 million, what is the price-sale ratio? (Do not round or intermediate calculations and round your answers to 2 decimal places, e.g 32.16)
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