Market Value Ratios You are considering an investment in Taylor's Hot Rods,Corp.During the last year the firm's income statement listed addition to retained earnings = $2.5 million and common stock dividends = $1.2 million.Taylor's year-end balance sheet shows common stockholders' equity = $10 million with 2 million shares of common stock outstanding.The common stock's market price per share = $45.00.What is Taylor's Hot Rods' book value per share and earnings per share? Calculate the market-to-book ratio and PE ratio.
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