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QUESTION

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...

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 $9.60 million and common stock dividends of $3.00 million. Roxie's year-end balance sheet shows common stockholders' equity of $43.8 million with 18 million shares of common stock outstanding. The common stock's market price per share was $9.40.

What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.)

  Book value per share$   What is Roxie's Bed & Breakfast's earnings per share? (Round your answer to 2 decimal places.)

  Earnings per share$   Calculate the market-to-book ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  Market-to-book ratio times 

Calculate the price-earnings ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  Price-earnings ratio times 

What is Roxie's Bed & Breakfast's book value per share? (Round your answer to 2 decimal places.) Book value per share = Common Equity/No of shares outstanding= 43.8M/18M = $2.43What is...
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