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Makers Corp. had additions to retained earnings for the year just ended of $415,

ID: 2809491 • Letter: M

Question

Makers Corp. had additions to retained earnings for the year just ended of $415,000. The firm paid out $220,000 in cash dividends, and it has ending total equity of $5.6 million. The company currently has 170,000 shares of common stock outstanding a. What are earnings per share? (Do not round intermediate calculations and round b. What are dividends per share? (Do not round intermediate calculations and round c. What is the book value per share? (Do not round intermediate calculations and d. If the stock currently sells for $65 per share, what is the market-to-book ratio? (Do not your answer to 2 decimal places, e.g., 32.16.) your answer to 2 decimal places, e.g., 32.16.) round your answer to 2 decimal places, e.g., 32.16.) round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) your answer to 2 decimal places, e.g., 32.16.) intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the price-earnings ratio? (Do not round intermediate calculations and round f. If the company had sales of $7.45 million, what is the price-sales ratio? (Do not round a. Earnings b. Dividends c. | Book Value d. Market-to-book ratio e. Price-earnings ratio f. Price-sales ratio per share per share per share times times times

Explanation / Answer

a $    3.74 per share =(415000+220000)/170000 b $    1.29 per share =220000/170000 c $ 32.94 per share =5600000/170000 d        1.97 times =65/32.94 e      17.38 times =65/3.74 f        1.48 times =65/(7450000/170000)

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