Phelps Labs has assets of $$430,000,$ current liabilities of $$83,000,$ and long$-$term liabilities of $$149,000.$ There is $$33,600$ in preferred stock outstanding; $20,000$ shares of common stock have been issued.

a$.$ Compute book value $($net worth$)$ per share. $($Round the final answer to $2$ decimal places.$)$

Book value per share $

$8\mathrm{.}22$

b$.$ If there is $$28,500$ in earnings available to common shareholders and Phelp$$s stock has a P$/$E ratio of $15$ times EPS, what is the current price of the stock? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Current price $

$21\mathrm{.}38$

c$.$ What is the ratio of market value per share to book value per share? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Ratio

$2\mathrm{.}6$