Question

Manitou Corp. had additions to retained earnings for the year just ended of $213,000. The firm paid out $183,000 in cash dividends, and it has ending total equity of $5.38 million. The company currently has 110,000 shares of common stock outstanding.

What are the earnings per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)

Earnings           $  per share

What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)

Dividends           $  per share

What is the book value per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)

Book value           $  per share

If the stock currently sells for $63 per share, what is the market-to-book ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Market-to-book ratio             times

What is the price–earnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)

Price–earnings ratio             times

If the company had sales of $3.52 million, what is the price–sales ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Price–sales ratio             times

Answer 1

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Final answers are marked in yellow.

A B C D E 1 2 3 213000 183000 4 5380000 Retained Earnings Cash dividends Total Equity Number of shares Market value per share Sales 5 110000 63 6 7 3520000 00 9 10 11 12 Earnings per share Dividend per share Book value per share Market to book ratio Price-Earnings Ratio Price-Sales ratio 3.60 (Retained Earnings + Cash dividends)/No.of shares 1.66 (Cash dividends)/No. of shares 48.91 Total Equity/Number of shares 1.29 Market value per share/Book value per share 17.50 Market value per share/Earnings per share 1.97 (No. os shares* Market value per share)/Sales 13 14 15 16 17

For calculation ref:

A B C D NP 3 st Retained Earnings 213000 Cash dividends 183000 Total Equity =5.38*1000000 Number of shares 110000 Market value per share 63 Sales =3.52*1000000 5 6 7 8 9 10 11 12 Earnings per share Dividend per share Book value per share Market to book ratio Price-Earnings Ratio Price-Sales ratio =(C2+C3)/C5 =C3/C5 =C4/C5 =C6/012 |=C6/C10 =C6*C5/07 (Retained Earnings + Cash dividends)/No.of shares (Cash dividends)/No. of shares Total Equity/Number of shares Market value per share/Book value per share Market value per share/Earnings per share (No. os shares* Market value per share)/Sales 13 14 15 16 17