What is roxie bed and breakfast earnings per share

Assignment Help Financial Management
Reference no: EM131814904

Market Value Ratios:

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 $5.40 million and common stock dividends of $2.30 million. Roxie's year-end balance sheet shows common stockholders' equity of $36.1 million with 11 million shares of common stock outstanding. The common stock's market price per share was $9.10.   

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

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

Reference no: EM131814904

Questions Cloud

Difference between mission and vision statement : Please explain the difference between mission and vision statement, note at the www.jcrew.com website, a vision is not given.
Describe the risk residual risk and probability : Describe the Risk, Residual Risk, Probability, Uncertainty in Decision Making, Structured Critical Reasoning and Problem Solving Attitudes.
Discuss tax partnership for tax filing purposes : Noah, Sadie, and Maven form a LLC using tax partnership for tax filing purposes. Noah contributes $1 Million cash for a 1/3 interest in capital and profits
Define specific category of accounts on financial statements : If Taylor had not recorded the adjusting entries, indicate which specific category of accounts on the financial statements would be misstated.
What is roxie bed and breakfast earnings per share : What is Roxie's Bed & Breakfast's book value per share? What is Roxie's Bed & Breakfast's earnings per share?
Benefits of a firm engaging in strategic planning : Please state four financial and four nonfinancial benefits of a firm engaging in strategic planning, explain why both internal & external factors.
Private profit ahead of public good by mark rosenman : Refer to the following article: How Social Impact Bonds put Private Profit ahead of Public Good by Mark Rosenman
How much equity does tiggie have on its balance sheet : If the firm's total debt at year-end was $30 million, how much equity does Tiggie's have on its balance sheet?
What amount of bad debts/impairment loss alpha recognize : What amount of Bad Debts/impairment loss should alpha recognize related to its Accounts Receivable in 2016

Reviews

Write a Review

Financial Management Questions & Answers

  Machine which adds the most value to the firm

A small manufacturer is considering two alternative machines. If the company chooses the machine which adds the most value to the firm,

  How much are you willing o pay for centrals stock today

Central Development Company just paid a dividend of $1.50 per share. How much are you willing o pay for Central's stock today?

  Find the component costs for bonds and preferred stock

There are 2,000 bonds outstanding at a market price of $1090 per bond. The bonds mature in 17 years and have a coupon payment of $70 on the $1,000 face value of the bond.  Find the 3 weights to be used to determine the cost of capital (Debt, Preferre..

  Cottonwood received their new product catalogs ordered

Cottonwood received their new product catalogs ordered from a local print shop. The print shop billed Cottonwood $6,000 for 5,000 catalogs with payment terms of net 10.

  Assuming no personal taxes on debt or equity income

The unlevered firm expects to earn $250,000 in net operating income each year for the foreseeable future. It has a tax rate of 40% and has a capitalization rate of 8% equal to the industry required return for this type of firm. what is the overall va..

  How much of each bond will you hold in your portfolio

You are managing a portfolio of $1.9 million. Your target duration is 13 years, and you can choose from two bonds: a zero-coupon bond with maturity 6 years, and a perpetuity, each currently yielding 8%. a. How much of each bond will you hold in your ..

  Breakeven analysis-malpractice cost allocation

Better Care Clinic (Breakeven Analysis) Fairbanks Memorial Hospital, an acute care hospital with 300 beds and 160 staff physicians, is one of 75 hospitals owned and operated by Health Services of America, a for-profit, publicly owned company. the per..

  How much would the npv change if discount rate increases

The discount rate that your firm uses for projects of this type is 12%. How much would the NPV change if discount rate increases to 8%?

  The restraint of trade clause

Mark worked as route manager for United Trucks Pty Ltd in Queensland from 2003-10. A term of his contract was that if he should leave the company, he could not engage in the trucking industry in Queensland for six years. Mark comes to you for advice ..

  The role of imf in regulating cross-border capital flows

How can opening up to short-term capital flows from abroad lead to a financial crisis? What is the role of the IMF in regulating cross-border capital flows?

  Determine the after tax cash outflows of eastern trucking

Determine the after-tax cash outflows of Eastern Trucking under each alternative.- Find the present value of the after-tax cash outflows for each alternative using the after-tax cost of debt.

  Earnings per share and total amount of dividends paid

Calculate the Earnings per share and total amount of dividends paid.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd