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Stark Corp has 2 million shares outstanding and a $130 per share price. It has Total Assets of $1,090 million and Total Liabilities of $770
Stark Corp has 2 million shares outstanding and a $130 per share price. It has Total Assets of $1,090 million and Total Liabilities of $770 million. a. What is the market capitalization of the company and its price to book ratio? Show your calculations. b. Given the information above, If ABC Corporation has a Net Income of $22 million, what is its price earnings ratio and return on equity? Show your calculations. c. Calculate Earnings-per-share (EPS) and payout ratio given the following: - Numbers of share outstanding = 1,500,000 - Revenue $150MM, pre-tax income of $25MM and taxes of $5MM - Dividends paid were equal to $8MM. Show your calculations
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