Question
9) 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.
9)
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 |
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