A firm has net income of $22,500 and a book value per share of $3.10. The firm has 30,000 shares of stock outstanding and a price-earnings ratio of 15.9. What is the price-book ratio?
A)1.7
B)2.4
C)2.7
D)3.8
E)4.3

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The Answer of A firm has net income of $22,500 and a book value per share of $3.10. The firm has 30,000 shares of stock outstanding and a price-earnings ratio of 15.9. What is the price-book ratio?
A)1.7
B)2.4
C)2.7
D)3.8
E)4.3

A Firm Has Net Income of $22,500 and a Book