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10. Calculating Earnings Per Share Price-Earnings Ratio, and Book Value. As a stockholder in Bozo...

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10. Calculating Earnings Per Share Price-Earnings Ratio, and Book Value. As a stockholder in Bozo Oil Company, you receive its annual report. In the financial statements, the firm has reported assets of $10 million, liabilities of $5 million, after-tax carnings of $2.2 million, and 800,000 outstanding shares of common stock. (L014-3) a. Calculate the earnings per share of Bozo Oil's common stock b. Assuming that a share of Bozo Oil's common stock has a market value of $40, what is the firm's price-earnings ratio? c. Calculate the book value of a share of Bozo Oil's common stock

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