Wildcat Corporation recently disclosed the following financial information:
Earnings / revenue …………………………… $1,500,000
Assets ……………………………………….. $7,000,000
Liabilities ……………………………………. $1,500,000
Shares outstanding …………………………..500,000
Market price ………………………………… $33.00 per share

Calculate the price-to-book ratio, the price/earnings ratio, and the book value per share for each of the following separate scenarios:
a. Based on current information.
b. Earnings fall to $1,000,000.
c. Liabilities increase to $2,500,000.
d. The company does a 3:1 stock split with no change in market capitalization.
e. The company repurchases 20 percent of the outstanding stock, incurring additional liability to finance the purchase.