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