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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 $7.80 million and common stock dividends of $2.70 million. Roxie's year-end balance sheet shows common stockholders' equity of $40.5 million with 15 million shares of common stock outstanding. The common stock's market price per share was $9.50. What is Roxie's Bed \& Breakfast's book value per share? (Round your answer to 2 decimal places.) Answer is complete and correct. What is Roxie's Bed \& Breakfast's earnings per share? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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