Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

Makers Corp. had additions to retained earnings for the year just ended of $415,000. The firm paid out $220,000 in cash dividends, and it has

Makers Corp. had additions to retained earnings for the year just ended of $415,000. The firm paid out $220,000 in cash dividends, and it has ending total equity of $5.6 million.The company currently has 170,000 shares of common stock outstanding.

a.What are earnings per share?

b.What are dividends per share?

c.What is the book value per share?

d.If the stock currently sells for $65 per share, what is the market-to-book ratio?

e.What is the price-earnings ratio?

f.If the company had sales of $7.45 million, what is the price-sales ratio?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Human Resource Management Text And Cases

Authors: Tom Redman, Adrian Wilkinson

4th Edition

0273757822, 9780273757825

Students also viewed these Finance questions

Question

tip will be included**** please look at the attached word document file. Thank you in advance. 1. Carroll, Inc., has a total debt ratio of .53, total debt of $326,000, and net income of $41,000. What...

Answered: 1 week ago

Question

XL Calculating market value ratios - Excel ? FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Arial 12 AA % Ee Paste BIU. A- Alignment Number Cells Editing Conditional Format as Cell...

Answered: 1 week ago

Question

1. Complete the following sentences with the most appropriate term or phrase: a. Firms raise capital by selling newly issued securities in the ___________markets, while existing, already outstanding...

Answered: 1 week ago

Question

★★★★★

Complete the horizontal analysis of the following comparative income statement? Mile Wide Organic Woolens, Inc. Comparative Income Statement For Years Ending December 31, 2012 and 2013 Increase...

Answered: 1 week ago

Question

★★★★★

A train on one track moves in the same direction as a second train on the adjacent track. The first train, which is ahead of the second train and moves with a speed of 36.8 m/s, blows a horn whose...

Answered: 1 week ago

Question

★★★★★

Many retirement funds charge an administrative fee each year equal to 0.25% on managed assets. Suppose that Alexx and Spenser each invest $5,000 in the same stock this year. Alexx invests directly...

Answered: 1 week ago

Question

★★★★★

28. Polyas urn model supposes that an urn initially contains r red and b blue balls. At each stage a ball is randomly selected from the urn and is then returned along with m other balls of the same...

Answered: 1 week ago

Question

★★★★★

Bishop, Inc., has current assets of $5,700, net fixed assets of $27,000, current liabilities of $4,400, and long-term debt of $12,900. What is the value of the shareholders equity account for this...

Answered: 1 week ago

Question

★★★★★

Question 68 (1 point) Milton Friedman argued that the Fed's control over the money supply could be used to peg the level or growth rate of a nominal variable, but not the level or growth rate of a...

Answered: 1 week ago

Question

★★★★★

From Figure, the phase diagram for the MgO???Al2O3 system, it may be noted that the spinel solid solution exists over a range of compositions, which means that it is nonstoichiometric at compositions...

Answered: 1 week ago

Question

★★★★★

In June. Crane Salon gave 4.300 haircuts, shampoos, and permanents at an average price of $ 40. During the month, fixed costs were 44,040 and variable costs were 70% of sales Determine the...

Answered: 1 week ago

Question

★★★★★

1(x) Given the graphs of f(x) and h(x). 6 5 2 1 0 4 3 h(x) 6 5 4 3 2 1 0 0 2 3 x a) Let g(x) = f(x) h(x). What is the value of g'(2)? b) Let p(x) = f(x)/h(x) What is the value of p'(2)? c) Write out...

Answered: 1 week ago

Question

★★★★★

A . ( 1 5 p ) A pharmacy dispensing medicines is staffed by one pharmacist open 1 0 hours a day. On average It takes 1 5 0 seconds to serve a customer, and a customer arrives every 4 minutes....

Answered: 1 week ago

Question

★★★★★

Financial data for Joel de Paris, Incorporated, for last year follow: Joel de Paris, Incorporated Balance Sheet Assets Cash Accounts receivable Inventory Plant and equipment, net Investment in...

Answered: 1 week ago

Question

★★★★★

2. (34%) The frame is subjected to a vertical 13 kip force at E and a horizontal 10 kip force a B. Neglect the self-weight of the frame. Find the internal forces (axial, shear, and bending moment) at...

Answered: 1 week ago

Question

★★★★★

Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages totaling $70,000 but that...

Answered: 1 week ago

Question

★★★★★

a) Calculate how much money Claire must put into her savings account today to have $29,300 in 5 years, assuming she can earn 10% compounded annually. (For calculation purposes, use 4 decimal places...

Answered: 1 week ago

Question

★★★★★

The Ferris wheel in the figure has a radius of 68 feet. The clearance between the wheel and the ground is 14 feet. The rectangular coordinate system shown has its origin on the ground directly below...

Answered: 1 week ago

Question

★★★★★

How can strategic management within the HRM department ensure that HRM plays an effective role in the companys strategic management process?

Answered: 1 week ago

Question

★★★★★

An efficient financial market processes the information available to investors and incorporates it into the prices of securities. Market efficiency has two general implications. First, in any given...

Answered: 1 week ago

Question

★★★★★

Pick one of your universitys major sports teams (like football or basketball). How would you characterize that teams generic strategy? How does the composition of the team members (in terms of size,...

Answered: 1 week ago

Previous Question Next Question