Little Book LTD has total assets of $860,000. There are 75,000 shares of stock outstanding, total bookvalue of $750,000 with a market value of $12 a share. The firm has a profit margin of 6.5% and a totalasset turnover of 1.5.   Required:a) Calculate the company’s EPS? b) What is the market –to- book ratio?

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
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Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
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Little Book LTD has total assets of $860,000. There are 75,000 shares of stock outstanding, total book
value of $750,000 with a market value of $12 a share. The firm has a profit margin of 6.5% and a total
asset turnover of 1.5.

 

Required:
a) Calculate the company’s EPS?

b) What is the market –to- book ratio?

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