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Part a.) Part b.) Solve both parts. Dove, Inc., had additions to retained earnings for the year just ended of $638,000. The firm paid out
Part a.)
Part b.)
Solve both parts.
Dove, Inc., had additions to retained earnings for the year just ended of $638,000. The firm paid out $65,000 in cash dividends, and it has ending total equity of $7.33 million. a. If the company currently has 700,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If the stock currently sells for $30.30 per share, what is the market-to-book ratio? The price-earnings ratio? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. If total sales were $10.63 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share Dividends per share Book value per share b. Market-to-book ratio Price-earnings ratio Price-sales ratio times times c. times Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 2019 GA 82,487 85,639 181,549 349,675 % % % % $ BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 Assets Current assets Cash $ 65,470 % $ Accounts receivable 65,281 % Inventory 116,676 % Total $ 247,427 % $ Fixed assets Net plant and equipment $ 658,747 % $ Total assets $ 906, 174 % $ Liabilities and Owners' Equity Current liabilities Accounts payable $ 186,922 % $ Notes payable 82,020 % Total $ 268,942 % $ Long-term debt $ 231,000 % $ Owners' equity Common stock and paid-in surplus $ 224,000 % $ Accumulated retained earnings 182,232 % Total $ 406,232 % $ Total liabilities and owners' equity $ 906,174 % $ 589,978 939,653 % % $ % 194,611 133,588 328,199 167,750 % % % 224,000 219,704 443,704 939,653 % % % $ %Step by Step Solution
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