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Today, 02:22

Dove, Inc., had additions to retained earnings for the year just ended of $635,000. The firm paid out $80,000 in cash dividends, and it has ending total equity of $7.30 million.

Requirement 1: If the company currently has 670,000 shares of common stock outstanding, what are earnings per share, dividends per share and book value per share? Round your answers to 2 decimal places. Earnings per share $? Dividends per sahre $? Book value per share$?

Requirement 2: If the stock currently sells for $30.00 per share, what is the market-to-book ratio and the price-earnings ratio? (Round your answers to 2 decimal places. Market-to-book ratio? times Price-earnings ratio? times

Requirement 3: If total sales were $10.60 million, what is the price-sales ratio?

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  1. Today, 06:19
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    EPS = 1.07

    Dividends per share: 0.1194

    book value per share: 10.89

    P/E ratio 28 years

    Market to Book 2.75

    Price-sales ratio: 1,90

    Explanation:

    635,000 + 80,000 = 715,000 net income

    715,000 income / 670,000 shares = EPS = 1,068656716 = 1.07

    80,000 / 670,000 = 0,1194 per share

    7,300,000 / 670,000 = 10,895522 = 10.89

    Price earning ratio: market price / EPS

    30/1.07 = 28,037

    30/10.89 = 2,75482

    total capitalization:

    670,000 x $30 = 20,100,000

    total revenue 10,600,000

    20,100,000 / 10,600,000 = 1,89622
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