What is the company book value per share at end of year

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Reference no: EM132524046

Mihok Corporation has provided the following financial data:

                                                               Year 2                                Year 1

Stockholders' equity:

Common stock, $3 par value                $300,000                    $300,000

Additional paid-in capital-common stock 100,000                        100,000

Retained earnings                               375,000                        370,000

Total stockholders' equity                    $775,000                       $770,000

Income Statement

for the Year Ended December 31, Year 2

Sales $1,380,000

Cost of goods sold 780,000

Gross margin 600,000

Operating expenses 567,714

Net operating income 32,286

Interest expense 18,000

Net income before taxes 14,286

Income taxes (30%) 4,286

Net income $10,000

Dividends on common stock during Year 2 totaled $5,000. The market price of common stock at the end of Year 2 was $0.97 per share.

Required:

Question A. What is the company's earnings per share for Year 2?

Question B. What is the company's price-earnings ratio for Year 2?

Question C. What is the company's dividend payout ratio for Year 2?

Question D. What is the company's dividend yield ratio for Year 2?

Question E. What is the company's book value per share at the end of Year 2?

Reference no: EM132524046

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