Question: Check my workCheck My Work button is now enabled Item 7 Martinez Corporation had additions to retained earnings for the year just ended of $

Check my workCheck My Work button is now enabled
Item 7
Martinez Corporation had additions to retained earnings for the year just ended of $230,000. The firm paid out $186,000 in cash dividends, and it has ending total equity of $4.91 million. The company currently has 130,000 shares of common stock outstanding.
What are earnings per share?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What are dividends per share?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What is the book value per share?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
If the stock currently sells for $64 per share, what is the market-to-book ratio?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
What is the price-earnings ratio?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
If the company had sales of $4.03 million, what is the price-sales ratio?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!