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Marry Inc. provided the following information from its accounting records for the years ended December 31, 2024 and 2023. 2024 2023 Income from continuing operations
Marry Inc. provided the following information from its accounting records for the years ended December 31, 2024 and 2023.
2024 | 2023 | |
Income from continuing operations (net of tax) | 802,000 | 781,000 |
Income from discontinued operations (net of tax) | 104,000 | 140,000 |
Net income | 906,000 | 921,000 |
Number of common shares outstanding throughout year | 100,000 | 100,000 |
Beginning retained earnings | 1,973,000 | 1,749,000 |
Current liabilities | 578,000 | 457,000 |
Long-term liabilities | 920,000 | 898,000 |
Market price per share | 16 | 13 |
Total dividends paid | 450,000 | 329,000 |
No shares were issued or redeemed during the two years. The company has never issued any preferred shares. Common shares were sold for $1 per share. Calculate the following ratios for both years. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places.
2024 | 2023 | |
EPS | Answer | Answer |
Dividend Payout Ratio | Answer | Answer |
Price-Earnings Ratio | Answer | Answer |
Book Value per Common Share | Answer | Answer |
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