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A company has the following market and accounting information. $ Common shares outstanding = Common cash dividend ($ /sh) = Preferred stock outstanding = Preferred

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A company has the following market and accounting information. $ Common shares outstanding = Common cash dividend ($ /sh) = Preferred stock outstanding = Preferred cash dividend ($ /sh) = 2,500,000 0.25 100,000 $ 5.00 Last year, net income = Total assets = Total liabilities = Preferred stock = $ 6,850,000 78,000,000 32,000,000 5,000,000 Common stock price ($ / sh) = 45.00 What is the company's market-to-book ratio? O a. 4.26 O b.3.18 O c. 2.74 O d. 1.60

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