anitou Corp. had additions to retained earnings for the year just ended of $359,000. The firm paid out $181,000 in cash dividends, and it has ending total equity of $5.36 million. The company currently has 150,000 shares of common stock outstanding.
What are the earnings per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Earnings $ per share
What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Dividends $ per share
What is the book value per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Book value $ per share
If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Market-to-book ratio times
What is the price–earnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)
Price–earnings ratio times
If the company had sales of $4.59 million, what is the price–sales ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Price–sales ratio times
Earnings per share
Earnings per share = Net Income / Number of shares
= ($359,000 + $181,000) / 150,000 Shares
= $3.60 per share
Dividends per share
Dividends per share = Dividends paid / Number of shares
= $181,000 / 150,000 Shares
= $1.21 per share
Book value per share
Book value per share = Book value of equity / Number of shares
= $5,360,000 / 150,000 Shares
= $35.73 per share
Market-to-book ratio
Market-to-book ratio = Current share price / Book value per share
= $75.00 / $35.73
= 2.10 Times
Price–earnings ratio
Price–earnings ratio = Current share price / Earnings per share
= $75.00 / $3.60
= 20.83 Times
Price–sales ratio
Price–sales ratio = Current share price / Sales per share
= $75.00 / ($4,590,000 / 150,000 Shares)
= $75.00 / $30.60
= 2.45 Times
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