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 $194,000. The firm paid out $184.000 in cash dividends, and it has

image text in transcribed
Makers Corp. had additions to retained earnings for the year just ended of $194,000. The firm paid out $184.000 in cash dividends, and it has ending total equity of $4.89 million. The company currently has 120,000 shares of common stock outstanding. a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 3216.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) d. If the stock currently sells for $62 per share, what is the market-to-book ratio (Do not round Intermediate calculations and round your answer to 2 decimal places. e.... 32.16.) e. What is the price earnings ratio? (Do not round intermediate calculations and round t the company had sales of $3.96 million, what is the price sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e9.. 32.16) ok Reerences 3.15 a. Es por shar Dividenda per share Bock value porsham data-book Piceringer Pricewati timeo 13.09 mee P12201

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

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions