Question
The Gizmo, Inc has just announced year-end results as follows: Value of company assets $12,500,000 Value of company liabilities $6,500,000 Net income $1,600,000 Common stock
The Gizmo, Inc has just announced year-end results as follows:
Value of company assets
$12,500,000
Value of company liabilities
$6,500,000
Net income
$1,600,000
Common stock dividends
$250,000
Preferred stock dividends
$400,000
Number of shares of common stock outstanding 1,000,000Closing price of Gizmo Inc.'s stock
$45.00 per share
a. Calculate the book value per share.
b. Calculate earnings per share.
c. Calculate Gizmo Inc.'s dividend yield.
d. Calculate the market-to-book ratio.
a. The book value per share is
$nothing
.
(Round to the nearest cent.)
b. The earnings per share is
$nothing
.
(Round to the nearest cent.)
c. Gizmo Inc.'s dividend yield is
nothing
%.
(Round to two decimal places.)
d.
The
market-to-book ratio is
nothing
.
(Round to two decimal places.)
Enter your answer in each of the answer boxes.
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