Having trouble with the ratio
for the book value for the common share, preferred share, earnings
per share and the price earnings ratio. Not sure where i am going
wrong.
Homework Answers
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| All the answer is for 2017. | ||
| Amount $ | Note | |
| Total value of Common Shares outstanding | 250,000.00 | |
| Add: Retained Earnings | 1,066,350.00 | |
| Total value | 1,316,350.00 | A |
| Number of Common Shares outstanding | 50,000.00 | B |
| Book Value per share | 26.33 | C=A/B |
| Amount $ | ||
| Total value of Preference Shares outstanding | 100,000.00 | D |
| Number of Preference Shares outstanding | 20,000.00 | E |
| Book Value per share | 5.00 | F=D/E |
| Amount $ | ||
| Closing Retained Earnings | 1,066,350.00 | |
| Less: Opening Retained Earnings | 772,050.00 | |
| Net Income for the year | 294,300.00 | G |
| Number of Common Shares outstanding | 50,000.00 | See A |
| Earnings per share | 5.89 | H=G/A |
| Marker Price per share | 29.00 | I |
| Earnings per share | 5.89 | See H |
| Price Earning Ratio | 4.93 | J=I/H |
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