Chapter 15 Pre-Built Problems Saved 9 Wayne, Inc, wishes to expand its facilities. The company currently has 6 million shares outstanding and no debt. The stock sells for $30 per share, but the book value per share is $8. Net income is currently $4.8 million. The new facility will cost $45 million, and it will increase net income by $960,000. Assume a constant price-eanings ratio 10 points a-1. Calculate the new book value per share. (Do not round intermediate calculations eBook Hint Print References a-2. Calculate the new EPS. (Do not round intermediate calculations and round your a-3. Calculate the new stock price. (Do rot round intermediate calculations and round a-4. Calculate the new market to-book ratio. (Do not round intermediate calculations b. What would the new net income for the compeny have to be for the stock price to and round your answer to 2 decimal places, e.g. 32.16.) answer to 4 decimal places, e.g. 32.1616.) your answer to 2 decimal places, elg., 32.16.) and round your answer to 4 decimal places, e.g. 32.1616.) remain unchanged? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollors, rounded to the nearest whole dollar amount, e.g. 1.234,567) a-1. New book value per share a-2. New EPS a-3. New stock price a4. New market-to-book ratio b. Net income 12.74