The Holtzman Corporation has assets of $444,000, currentliabilities of $51,000, and long-term liabilities of $71,000. Thereis $35,500 in preferred stock outstanding; 20,000 shares of commonstock have been issued.Ă‚Â Ă‚Â
a. Compute book value (net worth) per share.(Round your answer to 2 decimal places.)
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b. If there is $25,700 in earnings available tocommon stockholders, and Holtzman’s stock has a P/E of 19 timesearnings per share, what is the current price of the stock?(Do not round intermediate calculations. Round your finalanswer to 2 decimal places.)
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c. What is the ratio of market value per share tobook value per share? (Do not round intermediatecalculations. Round your final answer to 2 decimal places.)
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