Ratio of market value per share to book value per share

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The Holtzman Corp has assets of $400,000, current liabilities of $50,000, and long term liabilities of $100,000. There is $40,000 in preferred stock outstanding; 20,000 shares of common stock have been issued. Compute book value (net worth) per share. If there is $22,000 in earnings available to common stockholders and Holtzman's stock has a P/E of 18 times earnings per share, what is the current rent price of the stock? What is the ratio of market value per share to book value per share?

Reference no: EM131050506

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