Makers Corp. had additions to retained earnings for the year just ended of $174,
ID: 2767158 • Letter: M
Question
Makers Corp. had additions to retained earnings for the year just ended of $174,000. The firm paid out $190,000 in cash dividends, and it has ending total equity of $4.95 million. The company currently has 140,000 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.)
If the stock currently sells for $86 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 $4.69 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.)
Makers Corp. had additions to retained earnings for the year just ended of $174,000. The firm paid out $190,000 in cash dividends, and it has ending total equity of $4.95 million. The company currently has 140,000 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.)
Earnings $ per shareWhat are dividends per share? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
Dividends $ per share
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.)
Book value $ per share
If the stock currently sells for $86 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.)
Market-to-book ratio times
What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16.)
Price-earnings ratio times
If the company had sales of $4.69 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 ratio times
Explanation / Answer
Earning Per Share=Earnings/Shares Outstanding=($174000+$190000)/140000=$2.6
Dividend Per Share=Dividend/Shares Outstanding=$190000/140000=$1.36
Book Value Per Share=Ending Equity/Shares Outstanding=$4950000/140000=$35.36
Market to Book Ratio=Market Price/Book Value Per Share=$86/$35.36=2.43
Price to Earnings=Price Per Share/Earnings Per Share=$86/$2.6=33.08
Price to Sales=Price Per Share/Sales Per Share=$86/$4690000/140000=2.57
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.