You are considering an investment in Roxie's Bed & Breakfast Corp. During the last year, the...

 

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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 of $12.00 million and common stock dividends of $2.00 million. Roxie's year-end balance sheet shows common stockholders' equity of $48.2 million with 12 million shares of common stock outstanding. The common stock's market price per share was $8.80. (Round your answer to 2 decimal places and omit dollar sign$) What is Roxie's Bed & Breakfast's book value per share? What is Roxie's Bed & Breakfast's earnings per share? Calculate the market-to-book ratio. (Do not round intermediate calculations.) Calculate the price-earnings ratio. (Do not round intermediate calculations.) 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 $12.00 million and common stock dividends of $2.00 million. Roxie's year-end balance sheet shows common stockholders' equity of $48.2 million with 12 million shares of common stock outstanding. The common stock's market price per share was $8.80. (Round your answer to 2 decimal places and omit dollar sign$) What is Roxie's Bed & Breakfast's book value per share? What is Roxie's Bed & Breakfast's earnings per share? Calculate the market-to-book ratio. (Do not round intermediate calculations.) Calculate the price-earnings ratio. (Do not round intermediate calculations.)

Answer rating: 100% (QA)

To calculate Roxies Bed Breakfasts book value per share divide the common stockholders equity by the ... View the full answer