es Bolton Corporation 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 $4.86 million. The company currently has 150,000 shares of common stock outstanding. a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) f. If the company had sales of $4.59 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 b. Dividends per share c. Book value per share d. Market-to-book ratio e. Price-earnings ratio f. Price-sales ratio times times times
es Bolton Corporation 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 $4.86 million. The company currently has 150,000 shares of common stock outstanding. a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) f. If the company had sales of $4.59 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 b. Dividends per share c. Book value per share d. Market-to-book ratio e. Price-earnings ratio f. Price-sales ratio times times times
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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Transcribed Image Text:es
Bolton Corporation 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
$4.86 million. The company currently has 150,000 shares of common stock outstanding.
a. What are earnings per share? (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
b. What are dividends per share? (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
c. What is the book value per share? (Do not round intermediate calculations and
round your answer to 2 decimal places, e.g., 32.16.)
d. If the stock currently sells for $75 per share, what is the market-to-book ratio? (Do
not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.)
e. What is the price-earnings ratio? (Do not round intermediate calculations and round
your answer to 2 decimal places, e.g., 32.16.)
f. If the company had sales of $4.59 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
b. Dividends per share
c. Book value per share
d. Market-to-book ratio
e. Price-earnings ratio
f. Price-sales ratio
times
times
times
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