8.

Refer to the following financial statements for Crosby Corporation: Statement of Cash Flows For the Year Ended December 31, 202 Cash flows from operating activities: Net income Adjustments to determine cashflow from operating activities: b. Compute the book value per common share for both 201 and 202 for the Crosby Corporation. (Round your answers to 2 decimals places.) c. If the market value of a share of common stock is 2.8 times book value for 202, what is the firm's P/E ratio for 202 ? (Do not rou intermediate calculations. Round your final answer to 2 decimal places.)