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Parker's Meats has total assets of $411,900, a price-earnings ratio of 8.4, a debt-equity ratio of .65, and earnings per share of $1.22. What is
Parker's Meats has total assets of $411,900, a price-earnings ratio of 8.4, a debt-equity ratio of .65, and earnings per share of $1.22. What is the market to book ratio if there are 45,000 shares of stock outstanding? A. 1.85 times B. .79 times C. 2.24 times D. 5.46 times E. 2.80 times
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