You are considering an investment in Roxie's Bed & Breakfast Corp. During the last year,...
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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 $10.80 million and common stock dividends of $3.20 million. Roxie's year-end balance sheet shows common stockholders' equity of $46.0 million with 20 million shares of common stock outstanding. The common stock's market price per share was $8.90.
What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.)
What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.)
Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Calculate the price-earnings ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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