Styles Corporation's earnings per share were $5.25 for the year ended December 31, 2023, and $4.00 for the year ended December 31, 2022. As of December 31, 2023 and 2022, Styles Corporation had 1,000,000 common shares issued and outstanding. Styles Corporation did not have any preferred stock issued and outstanding as of December 31, 2023 and 2022. As of December 31, 2023, Styles Corporation's total stockholders' equity was $10,000,000 and its total assets were $15,000,000. As of December 31, 2022, Styles total stockholder's equity was $9,000,000 and its total assets were $13,000,000. The market price per share of Styles Corporation common stock was $25 as of December 31, 2023. The book value per share of Styles Corporation's common stock as of December 31, 2023 is $ __________ and its price-earnings ratio per share as of December 31, 2023 is __________ Show your Calculations

Answer rating: 100% (QA)

Heres how to calculate the required figures Book Value per Share Book ... View the full answer