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D Question 3 20 pts A firm has 167,614 shares of stock outstanding, sales of $1.94 million, net income of $120,039, a price-earings ratio of

D Question 3 20 pts A firm has 167,614 shares of stock outstanding, sales of $1.94 million, net income of $120,039, a price-earings ratio of 15.6, and a book value per share of $8.03. What is the market-to-book ratio? Round answers to two decimals

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