Problem:
That Wich Corp. had additions to retained earnings for the year just ended of $248,000. The firm paid out $187,000 in cash dividends, and it has ending total equity of $4.92 million. The company currently has 150,000 shares of common stock outstanding.
Required:
Question 1: What are earnings per share?
Question 2: What are dividends per share?
Question 3: What is the book value per share?
Question 4: What is the price earnings ratio?
Question 5: If the company had sales of $4.74 million, what is the price sales ratio?
Note: Show supporting computations in good form.