Question
1.Dudley Hill Golf Club's market-to-book ratio is currently 2.3 times and the PE ratio is 6.65 times. Dudley Hill Golf Club's common stock is currently
1.Dudley Hill Golf Club's market-to-book ratio is currently 2.3 times and the PE ratio is 6.65 times. Dudley Hill Golf Club's common stock is currently selling at $20.24 per share.
A. What is the book value per share? (Round your answer to 2 decimal places.)
B. What is the earnings per share? (Round your answer to 2 decimal places.)
2. Last year, Hassan's Madhatter, Inc., had an ROA of 8.8 percent, a profit margin of 21.12 percent, and sales of $20 million.
A. Calculate Hassan's Madhatter's total assets. (Enter your answer in millions.)
3. Compute the value in 24 years of a $2,000 deposit earning 9 percent per year. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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