Question

SRC Inc. had additions to retained earnings for the year just ended of $515,333. The firm...

  1. SRC Inc. had additions to retained earnings for the year just ended of $515,333. The firm paid out $150,000 in cash dividends and it has ending total equity of $5 million. The firm has 530,091 shares outstanding. The current price is $55 per share. Calculate earnings per share.

Format your answer with 2 decimals, for example, 1.34.

2. SRC Inc. had additions to retained earnings for the year just ended of $558,557. The firm paid out $150,000 in cash dividends and it has total equity of $5 million. The firm has 545,559shares outstanding. The current price is $62 per share. Calculate book value per share.

Format your answer with 2 decimals, for example, 1.34.

3. Beck Inc. has a net profit margin of 0.11 on sales of $36,173. The firm has debt of $9,008 and total assets of $15,782.

Calculate ROE.

Format the answer with two decimals, for example, .25.

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