5. Answer questions A B and C

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 99.4C
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5. Answer questions A B and C
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Dove, Inc., had additions to retained earnings for the year just ended of $631,000. The
firm paid out $100,000 in cash dividends, and it has ending total equity of $7.26 million.
a. If the company currently has 630,000 shares of common stock outstanding, what are
earnings per share? Dividends per share? What is book value per share? (Do not
round intermediate calculations and round your answers to 2 decimal places, e.g.,
32.16.)
b. If the stock currently sells for $29.60 per share, what is the market-to-book ratio? The .
price-earnings ratio? (Do not round intermediate calculations and round your
answers to 2 decimal places, e.g., 32.16.)
c. If total sales were $10.56 million, what is the price-sales ratio? (Do not round
intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
a.
Earnings per share
Dividends per share
Book value per share
b.
Market-to-book ratio
times
Price-earnings ratio
times
с.
Price-sales ratio
times
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Transcribed Image Text:Question ConnecL Content fouTube Stu Assignments education.com/ext/map/indexhtml? con%3Dcon&external browser%3D0&launchUrl=https%253A% %252Flms. Saved Dove, Inc., had additions to retained earnings for the year just ended of $631,000. The firm paid out $100,000 in cash dividends, and it has ending total equity of $7.26 million. a. If the company currently has 630,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. If the stock currently sells for $29.60 per share, what is the market-to-book ratio? The . price-earnings ratio? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. If total sales were $10.56 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Earnings per share Dividends per share Book value per share b. Market-to-book ratio times Price-earnings ratio times с. Price-sales ratio times < Prev 5 of 8 Next > earch 66°F
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