Total assets of a firm are $2,000,000, and the total liabilities are $1,000,000. 1,000,000 shares of common stock have been issued and 500,000 shares are outstanding. The market price of the stock is $20, and Net Income for the past year was $300,000. Calculate the book value of the firm. Calculate the book value per share. Calculate the P/E ratio.

Total assets of a firm are $2,000,000, and the total liabilities are $1,000,000. 1,000,000 shares of common stock have been issued and 500,000 shares are outstanding. The market price of the stock is $20, and Net Income for the past year was $300,000. Calculate the book value of the firm. Calculate the book value per share. Calculate the P/E ratio.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 12P: The Kretovich Company had a quick ratio of 1.4, a current ratio of 3.0, a days’ sales outstanding of...

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