A company reported the following information for the 2020 fiscal year (Amounts in millions):

For the Years Ended December 31,

2020

Total Assets................................................... $1600

Total Liabilities............................................. $400

Price per share............................................... $30

Number of shares outstanding....................... 200

Based on this information, what was this companys market-to-book ratio at the end of the 2020 fiscal year?

		3.75
		5
		30
		40