The balance sheet and income statement of Eastland Products, Inc., are as follows:

Balance Sheet, December $31,$ Year $1($in Millions of Dollars$)$

Current assets $$40$ Current liabilities $$31$

Fixed assets, net $110$ Long$-$term debt $41$

Common stock $($$$1$ par$)6$

Contributed capital in excess of par value $23$

Retained earnings $49$

Total assets $$150$ Total liabilities and equity $$150$

Income Statement for the Year Ended December $31,$ Year $1$

Sales $$118$

Cost of sales $81$

EBIT $$37$

Interest $6$

EBT $$31$

Taxes $(40\%)12\mathrm{.}4$

Net income $($EAT$)$ $$18\mathrm{.}6$

Additional Information

Total dividends $$10$ million

Market price of common stock $$32$ a share

Number of common shares issued $6$ million

Using these data, determine the following:

Earnings per share. Round your answer to two decimal places.

Price$-$to$-$earnings ratio. Round your answer to two decimal places.

Book value per share. Round your answer to two decimal places.

Market$-$to$-$book ratio. Round your answer to two decimal places.

EV$-$EBITDA multiple. Assume the cost of sales includes $$10$ million in depreciation expenses. Assume there are no amortization expenses. Round your answer to two decimal places.

How much of the retained earnings total was added during Year $1?$ Enter your answer in millions. For example, an answer of $$1\mathrm{.}2$ million should be entered as $1\mathrm{.}2,$ not $1,200,000.$ Round your answer to two decimal places.

$

million

Show Eastland$$s new balance sheet after the company sells $1$ million new common shares in early Year $2$ to net $$28$ a share. Part of the proceeds, $$10$ million, is used to reduce current liabilities, and the remainder is temporarily deposited in the company$$s bank account. Later, this remaining amount $($along with additional long$-$term debt financing$)$ will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $$1\mathrm{.}2$ million should be entered as $1\mathrm{.}2,$ not $1,200,000.$ Round your answers to the nearest whole number.

New Eastland Products' Balance Sheet $($Millions of Dollars$)$

Current assets $

Current liabilities $

Fixed assets, net

Long$-$term debt

Common stock $($$$1$ par$)$

Contributed capital in excess of par value

Retained earnings

Total assets $

Total liabilities and equity $