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LoganCorp has a current stock price of $36.8. According to the most recent financial statements, LoganCorp has $54.67 million in assets, $17.27 million in liablities,

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LoganCorp has a current stock price of $36.8. According to the most recent financial statements, LoganCorp has $54.67 million in assets, $17.27 million in liablities, net income of $5.44 million, and 4.34 million shares outstanding. What is the market-to-book ratio for LoganCorp? Answer should be formatted as a number with 2 decimal places (e.g. 99.99)

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