Question
Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends, and it has
Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends, and it has ending total equity of $7.32 million. |
a. | If the company currently has 690,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
b. | If the stock currently sells for $30.20 per share, what is the market-to-book ratio? The price-earnings ratio? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
c. | If total sales were $10.62 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
ANSWER
a.
Earnings per share =
Dividends per share =
Book value per share =
b.
Market-to-book ratio = ______ times
Price-earnings ratio = _____ times
c.
Price-sales ratio = _______ times
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