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Growth Industries Financial Statements ($ thousand) I/S Items 2013 2014 Sales Revenue $ 120,000.00 $ 144,000.00 Net Income 10,143.00 5,285.00 B/S Items Total Assets 432,000.00

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Growth Industries Financial Statements ($ thousand) I/S Items 2013 2014 Sales Revenue $ 120,000.00 $ 144,000.00 Net Income 10,143.00 5,285.00 B/S Items Total Assets 432,000.00 518,400.00 Total Liabilities 260,157.00 341,272.00 Shareholders' equity (1 million shares outstanding) 171,843.00 177,128.00 Share outstanding 1,000,000.00 Market price per share at year-end $ 61.00 $ 21.00 What is P/B ratio

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