Calculate the following market value ratios. Roberts Company had an average of 10,000 shares outstanding during 2012, the net income was $87,000, and the stock price on December 31, 2012 was $41.00. Depreciation Expense was $50,000. Total assets are $2,570,000 and total liabilities are $1,165,000.

a) P/E Ratio

b) P/CF Ratio

c) M/B Ratio Can you also explain the formula used to find these three answers? Thank you.