You are considering an investment in roxies bed breakfast


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 of $4.8 million and common stock dividends of $2.2 million. Roxie's year-end balance sheet shows common stockholders' equity of $35 million with 10 million shares of common stock outstanding. The common stock's market price per share was $9.00. 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. (Round your answer to 2 decimal places.) Calculate the price-earnings ratio. (Round your answer to 2 decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: You are considering an investment in roxies bed breakfast
Reference No:- TGS02755557

Expected delivery within 24 Hours