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ValleyCo. has assets of $ 8 1 8 , 0 0 0 , current liabilities of $ 1 7 8 , 0 0 0 ,

ValleyCo. has assets of $818,000, current liabilities of $178,000, and long-term liabilities of $131,000. There is $128,000 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 $56,200 in earnings available to common shareholders and ValeeyCo.'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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