Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Makers Corp. had additions to retained earnings for the year just ended of $268,000. The firm paid out $188,000 in cash dividends, and it has

image text in transcribed
Makers Corp. had additions to retained earnings for the year just ended of $268,000. The firm paid out $188,000 in cash dividends, and it has ending total equity of $4.93 million. The company currently has 160,000 shares of common stock outstanding. What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) points ( 8 01:47:45 Earings per share What are dividends per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Dividends per share What is the book value per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Book value per share If the stock currently sells for $81 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Market-to-book ratio times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_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

Personal Finance

Authors: E. Thomas Garman, Raymond Forgue

8th Edition

0618471421, 9780618471423

More Books

Students also viewed these Finance questions

Question

Explain three broad global HR challenges.

Answered: 1 week ago