Market value ratios you are considering an investment in


Market Value Ratios, 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 $5.40 million and common stock dividends of $2.30 million. Roxie's year-end balance sheet shows common stockholders' equity of $36.1 million with 11 million shares of common stock outstanding. The common stock's market price per share was $9.10.

What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.)

What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.)

Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Calculate the price-earnings ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Market value ratios you are considering an investment in
Reference No:- TGS02611475

Expected delivery within 24 Hours