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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 $11 million,

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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 $11 million, liabilities of $6 million, after-tax earnings of $3.00 million, and 2.25 million outstanding shares of common stock. a. Calculate the earnings per share of Bozo Oil's common stock. Note: Round your answer to 2 decimal places. b. Assuming a share of Bozo Oil's common stock has a market value of $40, what is the firm's price-earnings ratio? Note: Round your intermediate calculation to 2 decimal places and final answer to the nearest whole number. c. Calculate the book value of a share of Bozo Oil's common stock. Note: Round your answer to 2 decimal places. a Earnings per share b. Book value per share c. Book value per share

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