Question
1. Internal Growth Rate Leash N Collar reported a profit margin of 9.8%, total asset turnover ratio of 3.3 times, debt-to-equity ratio of 0.93 times,
1. Internal Growth Rate Leash N Collar reported a profit margin of 9.8%, total asset turnover ratio of 3.3 times, debt-to-equity ratio of 0.93 times, net income of $580,000, and dividends paid to common stockholders of $380,000. The firm has no preferred stock outstanding. What is Leash N Collar's internal growth rate? (Do not round intermediate steps.)
2. Market Value Ratios Val's Volleyball Supply's market-to-book ratio is currently 3.31 times and PE ratio is 5.51 times. If Val's Volleyball Supply's common stock is currently selling at $9.80 per share, what is the book value per share and earnings per share? (Round your answer to 2 decimal places.)
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