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Intro A firm has 160,000 shares of stock outstanding, sales of $1.94 million, net income of $126,400, a price-earnings ratio of 17.2, and a book

Intro A firm has 160,000 shares of stock outstanding, sales of $1.94 million, net income of $126,400, a price-earnings ratio of 17.2, and a book value per share of $7.92. 18 Attempt 1/10 for 10 pts. Part 1 What is the market-to-book (P/B) ratio? 2+ decimals Submit G

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