You are considering an investment in Roxies Bed & Breakfast Corp. During thr las year,...
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You are considering an investment in Roxies Bed & Breakfast Corp. During thr las year, the firms income statement listed an addition to retained earnings of $4.8 million and common stock dividends of $2.2 million. Roxie's year-end balance sheet shows common stockholdedrs' equity of $35 million with 10 million shares of common stock outstanding. The common stocks market price per share was $9.00. What is Roxie's Bed abd Breakfast book value per share and earnings per share? Calculate the market-to-book ratio and PE ratio
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