Find the earnings per share

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A firm had additions to retained earnings for the year just ended of $300,000.

The firm paid out $100,000 in cash dividends, and it has ending total equity of $5,000,000.

The company currently has 100,000 shares of common stock outstanding.

The current market price of the shares is $75.

  • Find net income. Round to the nearest dollar.
  • Find the earnings per share. Round to the nearest penny.
  • Find the dividends per share. Round to the nearest penny.
  • Find the book value per share. Round to the nearest penny.
  • Find the market to book ratio. Round to the nearest tenth.
  • Find the price-earnings ratio. Round to the nearest tenth.

Do not round intermediate calculations.

Reference no: EM131879705

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