Amigo Software Inc. has total assets of $823,000, current liabilities of $248,000, and long-term liabilities of $147,000. There is $71,000 in preferred stock outstanding. Thirty thousand shares of...


Amigo Software Inc. has total assets of $823,000, current liabilities of<br>$248,000, and long-term liabilities of $147,000. There is $71,000 in<br>preferred stock outstanding. Thirty thousand shares of common stock<br>have been issued.<br>a. Compute book value (net worth) per share. (Round your answer to 2<br>decimal places.)<br>Book value per share<br>b. If there is $49,000 in earnings available to common stockholders and<br>the firm's stock has a P/E of 23 times earnings per share, what is the<br>current price of the stock? (Do not round intermediate calculations.<br>Round your final answer to 2 decimal places.)<br>Current price<br>c. What is the ratio of market value per share to book value per share?<br>(Do not round intermediate calculations. Round your final answer to 2<br>decimal places.)<br>Market value to book value<br>times<br>

Extracted text: Amigo Software Inc. has total assets of $823,000, current liabilities of $248,000, and long-term liabilities of $147,000. There is $71,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued. a. Compute book value (net worth) per share. (Round your answer to 2 decimal places.) Book value per share b. If there is $49,000 in earnings available to common stockholders and the firm's stock has a P/E of 23 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.) Current price c. What is the ratio of market value per share to book value per share? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Market value to book value times

Jun 11, 2022
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