Pettyjohn Inc. the balance sheet and income statement shown below are for Pettyjohn Inc. know that the firm has no amortization charges it does not lease any assets none of his debt can be retired during the next five years in the notes payable will be rolled over. Balance sheet millions of dollars. Assets of $2016$ cash and securities $1554$ accounts receivable $9660$ inventories $13,440$ total current assets $24,654$ net plant and equipment $17,346$ total assets $$42,000$ liabilities and equity is accounts payable $7980$ notes payable $5880$ accruals $4620$ total current liabilities $18,480$ long$-$term bonds $10,920$ total liabilities $29,400$ common stock $3360$ retained earnings $9240$ total common equity $12,600$ total liabilities and equity for $$22,000$ income statement of $2016$ net sales $58,800$ operating costs except depreciation $55,274$ depreciation $1029$ earnings before income and taxes $2497$ less interest $1050$ earnings before taxes $1447$ taxes $314$ net income $1133$ other data shares outstanding $175$ common dividends $509\mathrm{.}83$ cents interest rate on notes payable $6\mathrm{.}25\%$ federal plus state income tax rate $21\mathrm{.}7\%$ year end stock price $77\mathrm{.}69$ refer to the data Pettyjohn Inc. what's the farmers market to book ratio