A firm had additions to retained earnings for the year just ended of $400,000.
The firm paid out $100,000 in cash dividends, and it has ending total equity of $5,000,000.
The company currently has 200,000 shares of common stock outstanding.
The current market price of the shares is $50.
Find net income. Find the earnings per share. Find the dividends per share. Find the book value per share. Find the market to book ratio. Find the price-earnings ratio.