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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
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 $13.20 million and common stock dividends of $1.80 million. Roxie's year-end balance sheet shows common stockholders' equity of $50.4 million with 14 million shares of common stock outstanding. The common stock's market price per share was $8.60. What are Roxie's Bed & Breakfast's book value per share? Note: Round your answer to 2 decimal places. Book value per share What are Roxie's Bed & Breakfast's earnings per share? Note: Round your answer to 2 decimal places. Earnings per share Calculate the market-to-book ratio. Note: Do not round intermediate calculations. Round your answer to 2
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