300,000 shares outstandingHomework Answers
a
DPS = dividend/ shares = 250000/300000= 0.8333
b
BVPS = ending equity/shares = 4000000/300000 = 13.33
c
Price to book = price/BVPS = 25/13.333 = 1.875
d
P/E = price*shares/(retained earnings+dividends) =
25*300000/(400000+250000) = 11.54
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300,000 shares outstanding
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