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Problem 3 - 8 Market Value Ratios ( LG 3 - 5 ) You are considering an investment in Roxie's Bed & Breakfast Corporation During

Problem 3-8 Market Value Ratios (LG3-5)
You are considering an investment in Roxie's Bed & Breakfast Corporation During the last year, the firm's income statement listed an addition to retained earnings of $12.60 million and common stock dividends of $1.90 million. Roxie's year-end balance sheet shows common stockholders' equity of $49.3 million with 13 million shares of common stock outstanding. The common stock's market price per share was $8.70.
What are Roxie's Bed & Breakfast's book value per share?
Note: Round your answer to 2 decimal places.
What are Roxie's Bed & Breakfast's earnings per share?
Note: Round your answer to 2 decimal places.
Calculate the market-to-book ratio.
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Calculate the price-earnings ratio.
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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