(Answered) So and so comp has total assets of 22542000 current liab of

Management Studies

So and So comp has total assets of $22,542,000, current liab. of $2,547,000, long term liab. of $7,410,000. The firm has 1,000,000 shares of common stock outstanding. Compute the Book Value of equity per share.

Refering back to the previous question, if net income equals $1,600,000 and has a P/E ratio of 15.0, what is the current price of the stock?

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