BBC Company has assets of $8,200,000, current liabilities of $2,600,000, and long-term liabilities of $1,600,000. There is $2,800,000 in preferred stock outstanding; 400,000 shares of common stock have been issued.

A. Compute book value (net worth) per share.

B. If there is $600,000 in earnings avaulable to common stockholders and BBC's stock has a P/E of 12 times earnings per share, what is the current price of the sock?

C. What is the ratio of market value per share to book value per share?