Net worth / Share holders Equity = Total Assets - Total Liabilities = 10700000 - 1771704 = $ 8928296
No.of Shares outstanding = 667777;
Answer (a) Book value per share = Share holders Equity / No.of Shares outstanding = 8928296 / 667777 = $ 13.37 per share.
Market Price = $ 27.00; Price to Book ratio = 27 / 13.37 = 2.02
Earnings = 2086225; Earnings per Share = 2086225 / 667777 = 3.12
Price to Earnings Ratio = Market Price / Earnings Per share = 27 / 3.12 = 8.64
Wildcat Corporation recently disclosed the following financial information: Earnings/revenue $2,086,225 Assets $10,700,000 Liabilities $1,771,704 Shares outstanding...
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