Question: value 10.00 points Problem 3-6 Calculating Market Value Ratios [LO 2 Rossdale, Inc, had additions to retained earnings for the year just ended of $644,000.

 value 10.00 points Problem 3-6 Calculating Market Value Ratios [LO 2

value 10.00 points Problem 3-6 Calculating Market Value Ratios [LO 2 Rossdale, Inc, had additions to retained earnings for the year just ended of $644,000. The firm paid out 35,000 in cash dividends, and it has ending total equity of $7.39 milion If the company currently has 760,000 shares of common stock outstanding, what are earnings per share? Dividends per share? What is book value per share? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g. 32.16)) Eamings per share Dividends per share Book value per share 05 If the stock currently sells for $30.90 per share, what is the market-to-book ratio? The price-earnings ratio? (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)) Market-to-book ratio Price-earnings ratio Requirement 3: If total sales were $10.69 million, what is the price-sales ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g32.16).) Price-sales ratio times Hints References eBook & Resources Hint #1 O Ask me anything

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!