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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 $15.00 million and common stock dividends of $1.50 million. Roxie's year-end balance sheet shows common stockholders' equity of $53.7 million with 17 million shares of common stock outstanding. The common stock's market price per share was $8.30. 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 ratio times Calculate the price-earnings ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price-earnings ratio times
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