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As a stockholder of Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $15 million, liabilities

As a stockholder of Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $15 million, liabilities of $10 million, after-tax earnings of $3 million, and 819,000 outstanding shares of common stock.

(a)

Calculate the earnings per share of Bozo Oils common stock. (Round your answer to 2 decimal places.)

Earnings per share: ??? $

(b)

Assuming a share of Bozo Oils common stock has a market value of $40, what is the firms price-earnings ratio?. (Round your intermediate calculation to 2 decimal places and final answer to the nearest whole number.)

Price-earnings ratio: ???

(c)

Calculate the book value of a share of Bozo Oils common stock. (Round your answer to 2 decimal places.)

Book value per share: ??? $

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