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need help on the price earnings ratio You are considering...

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Accounting

need help on the price earnings ratio
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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 $13.80 million and common stock dividends of $1.70 million. Roxie's year-end balance sheet shows common stockholders' equity of $51.5 million with 15 million shares of common stock outstanding. The common stock's market price per share was $8.50 What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.) Answer is complete and correct. Book valus per share What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.) Answer is complete and correct. 1.03 Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. 2.48 times Market-to-book ratio Calculate the price-earnings ratio, (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. mings ratio 8.30 times

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