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Please show step by step solution 6. Calculating Market Value Ratios. Rossdale, Inc., had additions to retained earnings for the year just ended of $534,000.
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6. Calculating Market Value Ratios. Rossdale, Inc., had additions to retained earnings for the year just ended of $534,000. The firm paid out $185,000 in cash dividends, and it has ending total equity of $7.45 million. If the company currently has 365,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? If the stock currently sells for $49 per share, what is the market-to-book ratio? The price -earnings ratio? If total sales were $15.4 million, what is the price-sales ratioStep by Step Solution
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