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Wildcat Corporation recently disclosed the following financial information: Earnings/revenue $1,852,570 Assets $8,400,000 Liabilities $1,435,566 Shares outstanding 593,692 Market price $30.00 per share Calculate the price-to-book
Wildcat Corporation recently disclosed the following financial information: Earnings/revenue $1,852,570 Assets $8,400,000 Liabilities $1,435,566 Shares outstanding 593,692 Market price $30.00 per share Calculate the price-to-book ratio, the pricelearnings ratio, and the book value per share for each of the following separate scenarios: a. Based on current information b. Earnings fall to $1,235,047 c. Liabilities increase to $2,769,743 d. The company does a three-for-one stock split with no change in market capitalization e. The company repurchases 20 percent of the outstanding stock, incurring additional liability to finance the purchase. a. Based on current information, the book value per share is $ (Round to the nearest cent.)
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