What is the ratio of market value per share to book value

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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.

Problem a. Compute book value (net worth) per share. (Round your answer to 2 decimal places.)

Problem 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? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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

Reference no: EM132889398

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