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22. Alfa Corp's stock pr value per share was $37.50. What is its P/B ratio? * O a) 1.34 O b) 2.4 0746

22. Alfa Corp's stock pr value per share was $37.50. What is its P/B ratio? * O a) 1.34 O b) 2.4 0746

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 53E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...
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22. Alfa Corp's stock price at the end of last year was $50.25, and its book value per share was $37.5O. What is its P/B ratio? * a) 1.34 b) 2.4 c) 0.746 d) 1.50 e) None of the above 23. Strong Aviation had a profit margin of 6.25%, a total assets turnover of 1.50, and an equity multiplier of 1.8. What was the firm's ROE? * a) 16.88% b) 15.2% c) 16.00% d) 17.2% e) None of the above
Transcribed Image Text:22. Alfa Corp's stock price at the end of last year was $50.25, and its book value per share was $37.5O. What is its P/B ratio? * a) 1.34 b) 2.4 c) 0.746 d) 1.50 e) None of the above 23. Strong Aviation had a profit margin of 6.25%, a total assets turnover of 1.50, and an equity multiplier of 1.8. What was the firm's ROE? * a) 16.88% b) 15.2% c) 16.00% d) 17.2% e) None of the above
24. Alpha Co. has an equity book value per share = $10 and its ROE = 20%. %3D %3D What is its earnings per share for the year? * O a) $5 O b) $0.5 O c) $2 O d) $200 O e) None of the above
Transcribed Image Text:24. Alpha Co. has an equity book value per share = $10 and its ROE = 20%. %3D %3D What is its earnings per share for the year? * O a) $5 O b) $0.5 O c) $2 O d) $200 O e) None of the above
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