2.1 B, Inc. stock is selling for $31.50 per share. It's net income for the year was $210,000. It pays dividends of $1.47 per share. Other information is shown below.

Assets	$7,000,000
Liabilities	$5,740,000
Stock shares outstanding	100,000

Problem 3.2

The price to book ratio is:

Group of answer choices

21.42

0.40

2.50

1.67