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C D Not secure tps 090 points Ames, Inc, has a current stock pnce of $42 50 For

ID: 2815876 • Letter: C

Question

C D Not secure tps 090 points Ames, Inc, has a current stock pnce of $42 50 For the past year, the company had net ncome of 7.150.000, total equty of $21,760 000, saies or $40 800,00 what are earings per share (EPS)? (Do not round intermediate calculations and round your answer to 2 decimal places. e.g·32.16. Earnings per share What is the price-eamings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.e.g32.16 Price-earnings ratio What is the price-sales raio? (Do not round intermediate calculations and round your answer to 2 decimal places, eg. 3216) Price-sales ratio What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places. e.p..32.16.) times smes Book vatue per shares what as the market.tobook rato? tDo not round intermediate calculations and round your answer to 2 decimal places. e g. 2.16.) Market to-book ratio times References Book & Resources Worksheet Type here to search

Explanation / Answer

a. earnings per share = 7,150,000/number of shares (not visible)

b. price per earnings = 42.50/earnings per share(calculated above)

c. price to sales = 42.50*number of shares/40,800,000

d. book value per share = 21,760,000/number of shares

e. market to book = book value per share/42.50