Given: ADC Corp. data 12/31/2007
Assets=$8,000,000
Liabilities=$6,000,000
Common Shares Outstanding=40,000
2014 Net Income=$400,000
PE Ratio=15
1. Compute book value per share
2. Compute the earnings per share. (EPS)
3. Compute market value per share.
4. What is the CURRENT PE ratio for the S and P 500?