Question
Rossdale, Inc., had additions to retained earnings for the year just ended of $626,000. The firm paid out $125,000 in cash dividends, and it has
Rossdale, Inc., had additions to retained earnings for the year just ended of $626,000. The firm paid out $125,000 in cash dividends, and it has ending total equity of $7.21 million. If the company currently has 580,000 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 $29.10 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 $10.51 million, what is the pricesales ratio?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started