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Julie, Inc., has a total debt ratio of 0.20. In addition, the company had additions to retained earnings for the year just ended of $400,000,
Julie, Inc., has a total debt ratio of 0.20. In addition, the company had additions to retained earnings for the year just ended of $400,000, the firm paid out $250,000 in cash dividends, and it has ending total equity of $4 million. 2.3 a. (4 points) What is its debt-equity ratio? b. (3 points) What is the company's equity multiplier? c. (3 points) If Julie, Inc currently has 300,000 shares of common stock outstanding, what are earnings per share? 2.4 a. (2 points) What are the dividends per share? b. (2 points) What is book value per share? c. (3 points) If the stock currently sells for $25 per share, what is the market-to-book ratio? d. (3 points) What is the price-earnings ratio
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