Atlantic Northern Inc. just reported a net income of $9,000,000, and its current stock price is $17.50 per share. Atlantic Northern Inc. is forecasting an increase of 25% for its net income next year, but it also expects it will have to issue 2, 500,000 new shares of stock (raising its shares outstanding from 5, 500,000 to 8,000,000). If Atlantic Northern Inc.'s forecast turns out to be correct and its price-to-earnings (P/E) ratio does not change, what does Atlantic Northern Inc. expect its stock price to be one year from now? $15.05 $17.50 $11.29 $18.81 One year later, Atlantic Northern Inc.'s stock is trading at $21.22, and the company reports its common equity value as $24, 080,000. Atlantic Northern Inc.'s market-to-book (M/B) ratio is. Is it possible for a company to have a negative EPS and thus a negative P/E ratio? Which of the following statements is true about market value ratios? Low P/E ratios could mean that the company has a great deal of uncertainty in its future earnings. High P/E ratios could mean that the company has a great deal of uncertainty in its future earnings