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Sonbull [250]
3 years ago
13

Makers Corp. had additions to retained earnings for the year just ended of $248,000. The firm paid out $187,000 in cash dividend

s, and it has ending total equity of $4.92 million. The company currently has 150,000 shares of common stock outstanding. a. What are earnings per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. If the stock currently sells for $80 per share, what is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) f. If the company had sales of $4.74 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
andre [41]3 years ago
5 0

Answer:  

(a.) Earning per share = \frac{Retained earning + dividend paid out }{common stock}

Earning per share = \frac{248000 + 187000 }{150000}

Earning per share = $2.90 per share

(b.) Dividend per share = \frac{Dividend paid out }{common stock}

Dividend per share =  \frac{187000}{150000}

Dividend per share = $ 1.25 per share

(c.) Book value per share =  \frac{Book value of equity }{common stock}

Book value per share =  \frac{4920000 }{150000}

Book value per share = $32.80 per share

(d.) Market to book ratio = \frac{Market price per share }{Book value per share}

Market to book ratio = \frac{80}{32.80}

Market to book ratio = $2.44 per share

(e.) Price - earning ratio = \frac{Market price per share }{Earning per share}

Price - earning ratio =  \frac{80}{2.90} = 27.59 times

(f.) Price sales ratio = \frac{Market price per share }{sales per share}

Price sales ratio = \frac{80}{\frac{4740000}{150000} } = \frac{80}{31.60} = 2.53 times

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Answer:

The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

Explanation:

<em>Step 1: Determine HOA per day</em>

Use the expression below to determine HOA per day;

T=H×N

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In our case;

T=$660

H=unknown

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Replacing;

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<em>Step 2: Determine amount of HOA that is due back</em>

Using the same expression;

T=H×N

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T=unknown

H=$1.83 per day

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The amount of the prepaid portion that is due back to Ashley using the 12 month, 360 day proration is=$362.34

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The catastrophic cap is known to be a word that connote the highest or maximum a person and their family can be able to pay so that they can be able to covered TRICARE health care services in all of the calendar year.

Note that this is known to be a plan that tends to protects a person due to the fact that it lowers the amount in terms  of the out-of-pocket expenses a person need to pay for TRICARE covered medical services.

Therefore, The factor that protects Tricare beneficiaries from devastating financial loss due to serious illness or long-term treatment by establishing limits over which payment is not required is known to be called catastrophic cap benefit.

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