(This is what is in between the 1st and 2nd screenshot) Using these data, determine the following:Earnings per share. Round your answer to two decimal places.Price-to-earnings ratio. Round your answer to two decimal places.Book value per share. Round your answer to two decimal places.Market-to-book ratio. Round your answer to two decimal places.EV-EBITDA multiple. Assume the cost of sales includes $14 million in depreciation expenses. Assume there are no amortization expenses. Round your answer to two decimal places.How much of the retained earnings total was added during Year 1? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.$ millionShow Eastland’s new balance sheet after the company sells 1 million new common shares in early Year 2 to net $28 a share. Part of the proceeds, $12 million, is used to reduce current liabilities, and the remainder is temporarily deposited in the company’s bank account. Later, this remaining amount (along with additional long-term debt financing) will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to the nearest whole number. g. Show Eastland's new balance sheet after the company sells 1 million new common shares in early Year 2 to net $28 a share. Part of the proceeds, $12million, is used to reduce current liabilities, and the remainder is temporarily deposited in the company's bank account. Later, this remaining amount (alongwith additional long-term debt financing) will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $1.2million should be entered as 1.2, not 1,200,000. Round your answers to the nearest whole number.New Eastland Products' Balance Sheet (Millions of Dollars)Current assets$Current liabilities$Fixed assets, netLong-term debtCommon stock ($1 par)Contributed capital in excess of parvalueRetained earningsTotal assets$Total liabilities and equity2$ The balance sheet and income statement of Eastland Products, Inc., are as follows:Balance Sheet, December 31, Year 1 (in Millions of Dollars)Current assets$41Current liabilities$32Fixed assets, net110Long-term debt43Common stock ($1 par)7Contributed capital in excess of20par valueRetained earnings49Total assets$151Total liabilities and equity$151Income Statement for the Year Ended December 31, Year 1Sales$118Cost of sales80ЕBIT$38InterestEBT$32Taxes (40%)12.8Net income (EAT)$19.2Additional InformationTotal dividends$12 millionMarket price of common stock$32 a shareNumber of common shares issued7 million

“Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for you. To get remaining sub-part solved please repost the complete question and mention the sub-parts to be solved.”1.Calculate EPS as below: Earning Per Share (EPS)=Earnings after taxNumber of Equity Shares=$19,200,0007,000,000=$2.74 Hence, EPS is $2.742.Calculate P/E Ratio as below: Price to Earnings Ratio=Market Price of ShareEarning Per Share=$32$2.74=11.68 times Hence, P/E Ratio is 11.68 times.3. Calculate Book Value of Share as below: Book Value per share=Shareholder's EquityNumber of Shares=$7,000,000+$20,000,000+$49,000,0007,000,000=$76,000,0007,000,000=$10.86 Hence, Book Value per share is $10.86

Answered: Using these data, determine the…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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(This is what is in between the 1st and 2nd screenshot)

Using these data, determine the following:

Earnings per share. Round your answer to two decimal places.
Price-to-earnings ratio. Round your answer to two decimal places.
Book value per share. Round your answer to two decimal places.
Market-to-book ratio. Round your answer to two decimal places.
EV-EBITDA multiple. Assume the cost of sales includes $14 million in depreciation expenses. Assume there are no amortization expenses. Round your answer to two decimal places.
How much of the retained earnings total was added during Year 1? Enter your answer in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answer to two decimal places.
$ million
Show Eastland’s new balance sheet after the company sells 1 million new common shares in early Year 2 to net $28 a share. Part of the proceeds, $12 million, is used to reduce current liabilities, and the remainder is temporarily deposited in the company’s bank account. Later, this remaining amount (along with additional long-term debt financing) will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $1.2 million should be entered as 1.2, not 1,200,000. Round your answers to the nearest whole number.

g. Show Eastland's new balance sheet after the company sells 1 million new common shares in early Year 2 to net $28 a share. Part of the proceeds, $12
million, is used to reduce current liabilities, and the remainder is temporarily deposited in the company's bank account. Later, this remaining amount (along
with additional long-term debt financing) will be invested in new manufacturing facilities. Enter your answers in millions. For example, an answer of $1.2
million should be entered as 1.2, not 1,200,000. Round your answers to the nearest whole number.
New Eastland Products' Balance Sheet (Millions of Dollars)
Current assets
$
Current liabilities
$
Fixed assets, net
Long-term debt
Common stock ($1 par)
Contributed capital in excess of par
value
Retained earnings
Total assets
$
Total liabilities and equity
2$

The balance sheet and income statement of Eastland Products, Inc., are as follows:
Balance Sheet, December 31, Year 1 (in Millions of Dollars)
Current assets
$41
Current liabilities
$32
Fixed assets, net
110
Long-term debt
43
Common stock ($1 par)
7
Contributed capital in excess of
20
par value
Retained earnings
49
Total assets
$151
Total liabilities and equity
$151
Income Statement for the Year Ended December 31, Year 1
Sales
$118
Cost of sales
80
ЕBIT
$38
Interest
EBT
$32
Taxes (40%)
12.8
Net income (EAT)
$19.2
Additional Information
Total dividends
$12 million
Market price of common stock
$32 a share
Number of common shares issued
7 million

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Using these data, determine the following: Earnings per share. Round your answer to two decimal places. Price-to-earnings ratio. Round your answer to two decimal places. Book value per share. Round your answer to two decimal places.