Question
Problem 3-6 Calculating Market Value Ratios [LO 2] Rossdale, Inc., had additions to retained earnings for the year just ended of $642,000. The firm paid
Problem 3-6 Calculating Market Value Ratios [LO 2] Rossdale, Inc., had additions to retained earnings for the year just ended of $642,000. The firm paid out $45,000 in cash dividends, and it has ending total equity of $7.37 million. If the company currently has 740,000 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.) Earnings per share $ Dividends per share $ Book value per share $ If the stock currently sells for $30.70 per share, what is the market-to-book ratio? The priceearnings ratio? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Market-to-book ratio times Priceearnings ratio times If total sales were $10.67 million, what is the pricesales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Pricesales ratio times
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