What is the market-to-book ratio


Response to the following problem:

Bogus Goods Corp. has additions to retained earnings for the year just ended of $350,000. The firm paid out $160,000 in cash dividends, and it has ended total equity of $4.1 million. If the company currently has 210,000 shares of common stock outstanding:

i. What are earnings per share? (Answer to 2 decimal places)

ii. Dividends per share? (Answer to 2 decimal places)

iii. Book value per share? (Answer to 2 decimal places)

iv. If the stock currently sells for $58 per share what is the market-to-book ratio? (Answer to 2 decimal places)

v. The price-earnings ratio? (Answer to 2 decimal places)

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Financial Accounting: What is the market-to-book ratio
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