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An investor is considering investing in Boxies Bed & Breakfast, Corp. During the last year, the firms income statement provided net income of $4.8 million

An investor is considering investing in Boxies Bed & Breakfast, Corp. During the last year, the firms income statement provided net income of $4.8 million and its balance sheet demonstrated common stock dividend value of $2.2 million. Boxies Bed & Breakfast had 10 million average shares of common stock outstanding in the market. If the common stocks market price per share is $9.00, what is Boxies Bed & Breakfast EPS and P/E ratio?

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$.70 per share EPS and $12.86 PE

$.60 per share EPS and $13.45 PE

$.70 per share EPS and $13.27 PE

$.80 per share EPS and $11.10 PE

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