Multiple Choice Question

BC Corporation has total equity of $$584,000$ and $35,000$ outstanding shares. BC$\text{'}$s stock is currently selling at $$16$ per share. The market$-$to$-$book ratio for BC is $($Round your answer to two decimal places.$)$

$1\mathrm{.}00$ times

$1\mathrm{.}04$ times

$1\mathrm{.}25$ times

$0\mathrm{.}96$ times