Makers Corp. had additions to retained earnings for the year just ended of $230,

Question

Makers Corp. had additions to retained earnings for the year just ended of $230, 000. The firm paid out $186,000 in cash dividends, and it has ending total equity of $4.91 million. The company currently has 130, 000 shares of common stock outstanding. What are earnings per share? What are dividends per share? What is the book value per share? If the stock currently sells for $64 per share, what is the market-to-book ratio? What is the price-earnings ratio? If the company had sales of $4.03 million, what is the price-sales ratio?

Explanation / Answer

Earning Per Share =230000/130000 1.77 Dividend Per Share =186000/130000 1.43 Book Value Per Share =4910000/130000 37.77 Market to Book Value MV/BV =64/37.77 1.69 Price Earning Ratio = MV/ Earning Per Share =64/1.77 36.16 Price Sales Ratio = Price/ Sales =8320000/4030000 2.06 Total Price =64*130000 8320000

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