Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common stock is currently selling at $100 per share, what is the book value per share and earnings per share?
A) $9.5238, $22.2222, respectively
B) $450, $1,050, respectively
C) $1,050, $450, respectively
D) $22.2222, $9.5238, respectively
Correct Answer:
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