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Monique's Boutique has assets of $839,000, current liabilities of $188,000, and long-term liabilities of $134,000. There is $129,000 in preferred stock outstanding: 30,000 shares
Monique's Boutique has assets of $839,000, current liabilities of $188,000, and long-term liabilities of $134,000. There is $129,000 in preferred stock outstanding: 30,000 shares of common stock have been issued. a. Compute book value (net worth) per share. (Round the final answer to 2 decimal places.) Book value per share b. If there is $55,500 in earnings available to common shareholders and Monique's stock has a P/E ratio of 29 times EPS, what is the current price of the stock? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Current price c. What is the ratio of market value per share to book value per share? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Ratio
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