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$5.66 is incorrect Incorrect Question 3 0 / 0.5 pts Wheelright Co. has three items in the equity section of its Balance Sheet: common stock

image text in transcribed$5.66 is incorrect

Incorrect Question 3 0 / 0.5 pts Wheelright Co. has three items in the equity section of its Balance Sheet: common stock of $40,000, paid-in surplus of $9,600,000, and retained earnings of $24,300,000. It currently has 6,000,000 shares outstanding, and its stock currently sells for $42.50 per share. What is Wheelright's market-to-book ratio? 26.45 $1.61 $5.66 7.51

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