Little Book LTD has total assets of $860 000. There are 75
000 shares of stock outstanding, total book value of $750 000 with a
market value of $12 a share. The firm has a profit margin of 6.5% and a
total asset turnover of 1.5. Required:
a) Calculate the company’s EPS?
b) What is the market –to- book ratio?

The school cafeteria can make pizza for approximately $0.30 a slice. the cost of kitchen use and cafeteria staff runs about $200 per day. the pizza den nearby will deliver whole pizzas for $9.00 each. the cafeteria staff cuts the pizza into eight slices and serves them in the usual cafeteria line. with no cooking duties, the staff can be reduced by half, for a fixed cost of $75 per day. should the school cafeteria make or buy its pizzas?