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Problem 3 - 9 Market Value Ratios ( LG 3 - 5 ) You are considering an investment in Roxie's Bed & Breakfast Corp. During

Problem 3-9 Market Value Ratios (LG3-5)
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 $12.00 million and common stock dividends of $2.00 million. Roxie's year-end balance sheet shows common
stockholders' equity of $48.2 million with 12 million shares of common stock outstanding. The common stock's market price per share
was $8.80.
What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.)
Book value per share
What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.)
Earnings per share
Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Market-to-book ratio
times
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