Swanton Foods has a book value per share of $12.68, earnings per share of $1.21, and a price-earnings ratio of 17.6. What is the market-to-book ratio?
A) 1.32
B) 1.68
C) 1.99
D) 2.47
E) 2.61

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The Answer of Swanton Foods has a book value per share of $12.68, earnings per share of $1.21, and a price-earnings ratio of 17.6. What is the market-to-book ratio?
A) 1.32
B) 1.68
C) 1.99
D) 2.47
E) 2.61

Swanton Foods Has a Book Value Per Share of $12