B) Determine Earnings Per Share (number of shares outstanding is 47,335) C) Determine P/E Multiplier (again there are 47,335 shares outstanding) D) Determine Market Book Ratio (market value of stock is $240 per share) Gateway Widget Company Income Statement FYE 2015 FYE 2014 Sales COGS $ 2,869,164 $ 2,275,000 $ 1,291,124 $ 910,000 Gross Profit $ 1,578,040 $ 1,365,000 Selling and Admin Expenses $ 250,000 $ 240,000 EBIT $ 1,328,040 $ 1,125,000 Interest Exp $ 150,000 $ 152,500 EBT $ 1,178,040 $ 972,500 Taxes $ 42,000 $ 29,625 Net Income $ 1.136.040 $ 942.875