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 $13.80 million and common stock dividends of $1,70 million. Roxie's year-end balance sheet shows common stockholders' equity of $51.5 million with 15 million shares of common stock outstanding. The common stock's market prices per share was $8.50. What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.) Book values 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.) Mark-to-book ratio; Calculate the price- earnings ratio. (Do not round intermediate calculations. (Round your answer to 2 decimal places.) Price-earnings ratio
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