(Market value analysis) The balance sheet for Lary Underwood Motors shows a book value of stockholders' equity (book value per share total shares outstanding) of $1,395,000 Furthermore, the firm's income statement for the year just ended has a net income of $579,000, which is $0 325 per share of common stock outstanding The price earnings ratio for firms similar to Underwood Motors is 18.73 a. What price would you expect Underwood Motors shares to sell for? b. What is the book value per share for Underwoods shares? What price would you expect Underwood Motors shares to sell for? The market price per share in (Poured to the rarest cent) Help me solve this View an example Get more help Clear all Check answer 10 8:30