Question
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
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 $6.00 million and common stock dividends of $2.40 million. Roxie's year-end balance sheet shows common stockholders' equity of $37.2 million with 12 million shares of common stock outstanding. The common stock's market price per share was $9.20.
What is Roxie's Bed & Breakfast's book value per share?(Round your answer to 2 decimal places.) Book value per share$
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 ratiotimes Calculate the price-earnings ratio.(Do not round intermediate calculations. Round your answer to 2 decimal places.) Price-earnings ratiotimes
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