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The Holtzman Corporation has assets of $414000 current liabilities of $41000 and longterm liabilities of $73000 There is $36000 in preferred stock outstanding 20000 shares of common stock

The Holtzman Corporation has assets of $414,000, current liabilities of $41,000, and long-term liabilities of $73,000. There is $36,000 in preferred stock outstanding; 20,000 shares of common stock have been issued.  

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



b. If there is $29,600 in earnings available to common stockholders, and Holtzman’s stock has a P/E of 16 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.)
  


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.)

Apr 03 2020 Read more Less More

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