Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Manitou Corp. had additions to retained earnings for the year just ended of $359,000. The firm paid out $181,000 in cash dividends, and it has

Manitou Corp. had additions to retained earnings for the year just ended of $359,000. The firm paid out $181,000 in cash dividends, and it has ending total equity of $5.36 million. The company currently has 150,000 shares of common stock outstanding. What are the earnings per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Earnings per share What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) $ Dividends O $ Book value What is the book value per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) $ per share Market-to-book ratio If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) per share Price-sales ratio times What is the price-earnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Price-earnings ratio If the company had sales of $4.59 million, what is the price-sales ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) times times
image text in transcribed
Manitou Corp, had additions to retained earnings for the year just ended of $359,000. The firm paid out $181,000 in cash dividends, and it has ending total equity of $5.36 million. The company currently has 150,000 shares of common stock outstanding. What are the earnings per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Earnings per share What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Dividends per share What is the book value per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Book value per share If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Market-to-book ratio times What is the price-earnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Price-earnings ratio times If the company had sales of $4.59 million, what is the price-sales ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Price-sales 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

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

Recommended Textbook for

Value Investing

Authors: Mike Hartley

1st Edition

979-8864443309

More Books

Students also viewed these Finance questions