Flag question The following information has been taken from the X Company Total common $50,000((5,000 stock shares) Total $120,000 stockholders' equity Market price per 60 share Total preferred $10,000 (1,000 stock shares) Total assets 150,000 What is the market/book (M/B) ratio? Select one: O a. None of the answers are correct O b. 6 O c. 2.3 O d. 1.60 O e. 7.5