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 $9.60 million and common stock dividends of $3.00 million. Roxie's year-end balance sheet shows common stockholders' equity of $43.8 million with 18 million shares of common stock outstanding. The common stock's market price per share was $9.40.
What is Roxie's Bed & Breakfast's book value per share?(Round your answer to 2 decimal places.)
Book value per share$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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