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Ratios Compared with Industry Averages Packard Plastics, Inc., manufactures various plastic and synthetic products. Financial statement daca for the firm follow: Required a. Using the
Ratios Compared with Industry Averages Packard Plastics, Inc., manufactures various plastic and synthetic products. Financial statement daca for the firm follow: Required a. Using the given data, calculate items 1 through 8 below for the current year for Packard Plastics, Inc. Round all answers to two decimalplaces b. Calculate the dividends paid per share of common stock. (Note: Number of shares shown on balance sheet is not shown in thousands. The number of shares "in thousands" is 12,500.) Round answers to two decimalplaces. x What was the dividend payout ratio? % c. If the most recent price per share of common stock is $44.75, what is the price-earnings ratio? Round answers to two decimal places. x
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