Question
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 $9.00 million and common stock dividends of $2.90 million. Roxie's year-end balance sheet shows common stockholders' equity of $42.7 million with 17 million shares of common stock outstanding. The common stock's market price per share was $9.50. What are Roxie's Bed & Breakfast's book value per share? Note: Round your answer to 2 decimal places. What are Roxie's Bed & Breakfast's earnings per share? Note: Round your answer to 2 decimal places. Calculate the market-to-book ratio. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Calculate the price-earnings ratio. Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
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