Bolton 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.

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 21E
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Bolton 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.

  

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 $64 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 $4.03 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

 

Times

e. Price-earning ratio

 

Times

f. Price-sales ratio

 

Times

 

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