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hi, please answer 4.13, letters A, and B! thanks so much! 4-14. (Market-value ratios) Garret Industries has a price/earnings ratio of 16.29X a. If Garret's

hi, please answer 4.13, letters A, and B! thanks so much! image text in transcribed
4-14. (Market-value ratios) Garret Industries has a price/earnings ratio of 16.29X a. If Garret's earnings per share are $1.35, 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 $9.58

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