Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

That Witch Corporation had additions to retained earnings for the year just ended of Rs 375,000. The firm paid out Rs 175,000 in cash dividends,

That Witch Corporation had additions to retained earnings for the year just ended of Rs 375,000. The firm paid out Rs 175,000 in cash dividends, and it has ending total equity of Rs 4.8 million. If the company currently has 145,000 shares of common stock outstanding, what are earnings per share? Dividends per share? Book value per share? If the stock currently sells for Rs 79 per share, what is the market-to-book ratio? The priceearnings ratio? If the company had sales of Rs 4.7 million, what is the pricesales ratio?

NOTE=PLEASE SOLVE IT MANUALLY WITHOUT USING EXCEL

WILL THUMBS UP YOUR ANSWER THANKS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Gapenskis Fundamentals Of Healthcare Finance

Authors: Paula H. Song, Kristin L. Reiter

3rd Edition

1567939759, 978-1567939750

More Books

Students also viewed these Finance questions