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What is the current price of the stock

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Question - The Holtzman Corporation has assets of $387,000, current liabilities of $55,000, and long-term liabilities of $123,000. There is $37,500 in preferred stock outstanding; 20,000 shares of common stock have been issued.

a. Compute book value (net worth) per share.

b. If there is $26,600 in earnings available to common stockholders, and Holtzman's stock has a P/E of 17 times earnings per share, what is the current price of the stock?

c. What is the ratio of market value per share to book value per share? (Do not round intermediate calculations.

Reference no: EM132980347

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