Makers Corp. had additions to retained earnings for the year just ended of dolla
ID: 2766104 • Letter: M
Question
Makers Corp. had additions to retained earnings for the year just ended of dollar553,000. The firm paid out dollar191,000 in cash dividends, and it has ending total equity of dollar 4.96 million. The company currently has 240,000 shares of common stock outstanding. What are earnings per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) What are dividends per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) What is the book value per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) If the stock currently sells for dollar75 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, (e.g., 32.16.) If the company had sales of $7.56 million, what is the price-sales ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Price-sales ratioExplanation / Answer
income 553,000 cash dividend 191,000 total equity 4,960,000 Number of shares 240,000 Earnings per share 2.30 income/no of shares Dividend per share 0.04 Dividend/no of shares Book value 20.67 Total equity/no of shares Market to book ratio 3.63 Market value 75 price earnings ratio 33 Price sales ratio 0.00 Sales 7,560,000
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