Problemthat wich corp had additions to retained earnings, Ask an Expert

Accounting

Problem:

That Wich Corp. had additions to retained earnings for the year just ended of $328,000. The firm paid out $176,000 in cash dividends, and it has ending total equity of $4.81 million. The company currently has 140,000 shares of common stock outstanding.

Required:

Question 1: What are earnings per share?

Question 2: What are dividends per share?

Question 3: What is the book value per share?

Question 4: If the stock currently sells for $60 per share, what is the market-to-book ratio?

Question 5: What is the price-earnings ratio?

Question 6: If the company had sales of $4.55 million, what is the price-sales ratio?

Note: Show supporting computations in good form.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91171520

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