7T)

Amigo Software Inc. has total assets of $889,000, current liabilities of $192,000, and long-term liabilities of $154,000. There is $87,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued.

a.	Compute book value (net worth) per share.(Round your answer to 2 decimal places.)

Book value per share

$

b.	If there is $56,300 in earnings available to common stockholders, and the firms stock has a P/E of 23 times earnings per share, what is the current price of the stock?(Do not round intermediate calculations. Round you final answer to 2 decimal places.)

Current price

$

c.	What is the ratio of market value per share to book value per share?(Do not round intermediate calculations. Round you final answer to 2 decimal places.)

Market value to book value

times