Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please asnwer the last two questions Makers Corp. had additions to retained earnings for the year just ended of $318,000. The firm paid out $192,000
Please asnwer the last two questions
Makers Corp. had additions to retained earnings for the year just ended of $318,000. The firm paid out $192,000 in cash dividends, and it has ending total equity of $4.97 million. The company currently has 150,000 shares of common stock outstanding. What are earnings per share? What are dividends per share? What is the book value per share? If the stock currently sells for $76 per share, what is the market-to-book ratio? What is the price-earnings ratio? If the company had sales of $4.89 million, what is the price-sales ratioStep 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