Amigo Software, Inc., has total assets of $891,000, current liabilities of $240,

Question

Amigo Software, Inc., has total assets of $891,000, current liabilities of $240,000, and long-term liabilities of $188,000. There is $88,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued.

Compute book value (net worth) per share. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

If there is $50,600 in earnings available to common stockholders and the firm

Amigo Software, Inc., has total assets of $891,000, current liabilities of $240,000, and long-term liabilities of $188,000. There is $88,000 in preferred stock outstanding. Thirty thousand shares of common stock have been issued.

Compute book value (net worth) per share. (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

If there is $50,600 in earnings available to common stockholders and the firm

Explanation / Answer

a) net worth = 891000 - 240000 - 188000

=463000

book value per share = 463000/ 30,000 =15.43

b)PE = 26 EPS

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