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est.Exam Time Remaining This Question: 4 pts 34 of 37 (6 complete) This T (Market-value ratios) Garret Industries has a pricelearmings ratio of 18.55X a.
est.Exam Time Remaining This Question: 4 pts 34 of 37 (6 complete) This T (Market-value ratios) Garret Industries has a pricelearmings ratio of 18.55X a. If Garrets earnings per share is $1 69, what is the price per share of Garret's stock? b. Using the price per share you found in part a, determine the price/book ratio if Garret's equity book value per share is $9 56. a.The price per share of Garret's stock is $ (Round to the nearest cent) b. Garret's price/book ratio is X. (Round to two decimal places) Enter your answer in each of the answer boxes
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