Smith Corporation's Balance Sheet Reflects Total Assets of $3 Million

Smith Corporation's balance sheet reflects total assets of $3 million as of December 31, 2010 and total liabilities of $1.8 million. Smith has 100,000 shares of common stock outstanding. The market value of the stock is $9 per share. Smith's market to book ratio is:

A) 0.75.
B) 7.50.
C) 12.00.
D) 13.33.