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QUESTION 1 The common stock of KRJ Enterprises is currently selling for $68.31 per share. Last year the company reported total earnings of $350 million
QUESTION 1 The common stock of KRJ Enterprises is currently selling for $68.31 per share. Last year the company reported total earnings of $350 million and there were 129 million shares of common stock outstanding. The common stock account is valued at $24 million, additional paid-in capital is $217 million, and retained earnings is $758 million. What was the company's book value per share? Present your answer to two decimal places. e.g. $20.00. QUESTION 2 The common stock of KRJ Enterprises is currently selling for $41.23 per share. Last year the company reported net income of $251 million. Included on its income statement was total depreciation expense of $61 million. There were 140 million shares of common stock outstanding. Using the proxy for cash flow, what is the company's price/cash flow ratio? Present your answer to two decimal places. e.g. 20.00 QUESTION 3 The common stock of KRJ Enterprises is currently selling for $58.34 per share. Last year the company reported total earnings of $345 million and there were 94 million shares of common stock outstanding. The company also paid out dividends of $184 million. What was the amout of dividends per share? Present your answer rounded to two decimal places. e.g. $20.00
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