According to the financial statements for Samson Electronics, Inc., the firm has total assets valued at $310 million. It also has total liabilities of $190 million. Company records indicate that the firm has issued 2 million shares of stock. (a) Based on the above information, calculate the book value for a share of Samson Electronics. (b) If a share of Samson Electronics, Inc., currently has a market value of $50 a share, what is the market-to-book ratio? (Round yout answer to 2 decimal places.)