a) Earnings per share =3000000/833000 =3.60
b) P/E ratio =40/3.60 =11.11
c) Book value of share =(12000000-8000000)/833000 =4.80
As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements,...
As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $11 million, Habilities of $6 million, after-tax earnings of $2 million, and 820,000 outstanding shares of common stock. (a) Calculate the earnings per share of Bozo Oil's common stock. (Round your answer to 2 decimal places.) Doints Earnings per share (b) Assume a share of Bozo Oil's common stock has a market value of $40, what is the...
Assume you are given the following abbreviated financial
statements: (attached) On the basis of this information, calculate
as many liquidity, activity, leverage, profitability, and common
stock measures as you can.(Note: Assume the current market price
of the common stock is $62.65 per share. * huge thumbs up for
correct answers*
Liquidity measures:
The current ratio is ? (Round to two decimal places.)
The firm's net working capital is (blank million) ? (Round to
the nearest million dollars.)
Activity measures:
The...
Assume you are given the following abbreviated financial statements: Current assets $199 Fixed and other assets $368 Total assets $ 567 Current liabilities $128 Long-term debt $106 Stockholders' equity $333 Total liabilities and equity $ 567 Common shares outstanding 19 million shares Total revenues $882 Total operating costs and expenses $771 Interest expense $16 Income taxes $33 Net profits $ 62 Dividends paid to common stockholders $19 On the basis of this information, calculate as many liquidity, activity,...
Eaton, Inc., wishes to expand its facilities. The company currently has 6 million shares outstanding and no debt. The stock sells for $30 per share, but the book value per share is $8. Net income is currently $4.8 million. The new facility will cost $45 million, and it will increase net income by $960,000. Assume a constant price-earnings ratio. a-1 Calculate the new book value per share. (Do not round intermediate calculations and round your answer to 2 decimal places,...
Wayne, Inc., wishes to expand Its facilities. The company currently has 5 million shares outstanding and no debt. The stock sells for $36 per share, but the book value per share Is $8. Net income is currently $4 million. The new facility will cost $45 million, and It wll Increase net Income by $780,000. Assume a constant price-earnings ratio. a-1. Calculate the new book value per share. (Do not round intermediate calculations and round your answer to 2 declmal places,...
Teardrop, Inc., wishes to expand its facilities. The company currently has 12 million shares outstanding and no debt. The stock sells for $30 per share, but the book value per share is $42. Net income for Teardrop is currently $4.3 million. The new facility will cost $45 million, and it will increase net income by $500,000. The par value of the stock is $1 per share. Assume a constant price-earnings ratio. a-1. Calculate the new book value per share. Assume...
1. Baxley Brothers has a DSO of 15 days, and its annual sales are $4,015,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent. $ 2. Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firm's total capital is $140 million and it finances with only debt and common equity. What is its debt-to-capital...
Cheer, Inc., wishes to expand its facilities. The company currently has 12 million shares outstanding and no debt. The stock sells for $30 per share, but the book value per share is $42. Net income for Teardrop is currently $4.3 million. The new facility will cost $45 million and will increase net income by $500,000. The par value of the stock is $1 per share. Assume a constant price-earnings ratio. a-1. Calculate the new book value per share. Assume the...
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...
Wayne, Inc., wishes to expand its facilities. The company currently has 6 million shares outstanding and no debt. The stock sells for $28 per share, but the book value per share is $8. Net income is currently $4.2 milion. The new facility will cost $42 milion, and it will increase net income by $810,000. Assume a constant price-earnings ratio a-1. Calculate the new book value per share. (Do not round intermediate calculations a-2. Calculate the new EPS. (Do not round...