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Homework As a stockholder of Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $12 million,

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Homework As a stockholder of Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $12 million, liabilities of $8 million, after-tax earnings of $3 million, and 784,000 outstanding shares of common stock. (a)Calculate the earnings per share of Bozo Oil's common stock. (Round your answer to 2 decimal places.) Earnings per share (b)Assuming a share of Bozo Oil's common stock has a market value of $40, what is the firm's 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 Oil's common stock. (Round your answer to 2 decimal places.) Book value per share $

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