Calculating Market Value Ratios [LO2] Bach Corp. had additions to retained earnings for the year just ended of $430,000. The fi rm paid out $175,000 in cash dividends, and it has ending total equity of $5.3 million. If the company currently has 210,000 shares of common stock outstanding, what are earnings per share? Dividends per share? Book value per share? If the stock currently sells for $63 per share, what is the market-to-book ratio? The price–earnings ratio? If the company had sales of $4.5 million, what is the price–sales rati
Calculating Market Value Ratios [LO2] Bach Corp. had additions to retained earnings for the year just ended of $430,000. The fi rm paid out $175,000 in cash dividends, and it has ending total equity of $5.3 million. If the company currently has 210,000 shares of common stock outstanding, what are earnings per share? Dividends per share? Book value per share? If the stock currently sells for $63 per share, what is the market-to-book ratio? The price–earnings ratio? If the company had sales of $4.5 million, what is the price–sales rati
Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter12: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 4FPE: The Castle Company recently reported net profits after taxes of $15.8 million. It has 2.5 million...
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Calculating Market Value Ratios [LO2] Bach Corp. had additions to retained
earnings for the year just ended of $430,000. The fi rm paid out $175,000 in cash
dividends, and it has ending total equity of $5.3 million. If the company currently
has 210,000 shares of common stock outstanding, what are earnings per share?
Dividends per share? Book value per share? If the stock currently sells for $63 per
share, what is the market-to-book ratio? The price–earnings ratio? If the company
had sales of $4.5 million, what is the price–sales ratio?
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