Amigo software inc has total assets of 800000 current, Ask an Expert

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Amigo Software, Inc., has total assets of $800,000, current liabilities of $150,000, and long-term liabilities of $120,000. These is $65,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued.

a. compute book value (net worth) per share.
b. If there is $48,000 in earnings available to common stockholders and the firm's stockholders a P/E of 20 times earnings per share, what is the current price of the stock ?
c. What is the ratio of market value per share to book value per share? (round two place to the right of decimal point)

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9865461

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