Dave's Sporting Goods has the following financial information: Market-to-Book Ratio: 2.80 times • P/E Ratio: 6.50 times Current Stock Price: $12.60 per share Required: Calculate the Book Value per Share and Earnings per share (EPS).

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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Dave's Sporting Goods has the following financial information:
Market-to-Book Ratio: 2.80 times
• P/E Ratio: 6.50 times
Current Stock Price: $12.60 per share
Required:
Calculate the Book Value per Share and Earnings per share (EPS).
Transcribed Image Text:Dave's Sporting Goods has the following financial information: Market-to-Book Ratio: 2.80 times • P/E Ratio: 6.50 times Current Stock Price: $12.60 per share Required: Calculate the Book Value per Share and Earnings per share (EPS).
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