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  3. the holtzman corporation has assets of $444,000, c

The Holtzman Corporation has assets of $444,000, current liabilities of $51,000, and long-term liabilities of $71,000....

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Finance

The Holtzman Corporation has assets of $444,000, currentliabilities of $51,000, and long-term liabilities of $71,000. Thereis $35,500 in preferred stock outstanding; 20,000 shares of commonstock have been issued.  

a. Compute book value (net worth) per share.(Round your answer to 2 decimal places.)
  



b. If there is $25,700 in earnings available tocommon stockholders, and Holtzman’s stock has a P/E of 19 timesearnings per share, what is the current price of the stock?(Do not round intermediate calculations. Round your finalanswer to 2 decimal places.)
  


c. What is the ratio of market value per share tobook value per share? (Do not round intermediatecalculations. Round your final answer to 2 decimal places.)
  

Answer & Explanation Solved by verified expert
4.1 Ratings (803 Votes)
aBook value net worth per share Book value net worth per share Total Common stockholders Equity Number of common shares outstanding Total Assets Current Liabilities    See Answer
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