Question
Rossdale, Inc., had additions to retained earnings for the year just ended of $629,000. The firm paid out $110,000 in cash dividends, and it has
Rossdale, Inc., had additions to retained earnings for the year just ended of $629,000. The firm paid out $110,000 in cash dividends, and it has ending total equity of $7.24 million.
Requirement 2: |
If the stock currently sells for $29.40 per share, what is the market-to-book ratio? The price-earnings ratio? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
Market-to-book ratio | times |
Price-earnings ratio | times |
Requirement 3: |
If total sales were $10.54 million, what is the price-sales ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) |
Price-sales ratio | times |
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