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As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $15 million, liabilities
As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $15 million, liabilities of $9 million, after-tax earnings of $3 million, and 751,000 outstanding shares of common stock. Calculate the earnings per share of Bozo Oils common stock. Assume a share of Bozo Oils common stock has a market value of $40, what is the firms price-earnings ratio? Calculate the book value of a share of Bozo Oils common stock. Group of answer choices Earnings per share: $3.94. Price-earnings ratio: 10.15. Book value per share: $7.88. Earnings per share: $3.99. Price-earnings ratio: 10.01. Book value per share: $7.99. Earnings
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