Bingo's Fishin Shack has assets of $300,000, current liabilities of $30,000, and long term liabilities of $65,000. Preferred shares outstanding is $45,000 and 20,000 common shares have been issued. Question 23 What is the book value per common share? $10.25 $8.00 $15.00 $6.55 Question 24 There is $34,000 in earnings available to the common shareholders. The common shares have a P/E ratio of 16. What is the current market price of the stock? $21.64 $36.00 $27.20 $1.70 Question 25 ) What is the ratio of market value per share to book value per share? 3.30 3.36 3.32 3.40 Question 26 ) What is the dividend yield? O 6.25% O7.14% 21.25% Cannot calculate with the given information.

Bingo's Fishin Shack has assets of $300,000, current liabilities of $30,000, and long term liabilities of $65,000. Preferred shares outstanding is $45,000 and 20,000 common shares have been issued. Question 23 What is the book value per common share? $10.25 $8.00 $15.00 $6.55 Question 24 There is $34,000 in earnings available to the common shareholders. The common shares have a P/E ratio of 16. What is the current market price of the stock? $21.64 $36.00 $27.20 $1.70 Question 25 ) What is the ratio of market value per share to book value per share? 3.30 3.36 3.32 3.40 Question 26 ) What is the dividend yield? O 6.25% O7.14% 21.25% Cannot calculate with the given information.

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter13: Corporations: Organization, Stock Transactions, And Dividends

Section: Chapter Questions

Problem 3PA: The following selected accounts appear in the ledger of EJ Construction Inc. at the beginning of the...

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