Answered step by step
Verified Expert Solution
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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