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I have submitted this one once before. So far the verified wrong answers are 2.38, 2.39, 2.40, 2.57, 2.58 Please help me to understand what
I have submitted this one once before. So far the verified wrong answers are 2.38, 2.39, 2.40, 2.57, 2.58
Please help me to understand what I am messing up on market-to-book ratio please
You are considering an investment in Roxie's Bed & Breakfast Corp. During the last year, the firm's income statement listed an addition to retained earnings of $4.8 million and common stock dividends of $2.2 million. Roxie's year-end balance sheet shows common stockholders' equity of $35 million with 10 million shares of common stock outstanding. The common stock's market price per share was $9.00. What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.) Answer is complete and correct. Book value per 3.50 share What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.) Answer is complete and correct. Earnings per share 0.70 Calculate the market-to-book ratio. (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Market-to-book ratio
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