Please use the following book-value balance sheet information. What is this firm's market-to-book equity ratio if its stock price is $31 per share and it has 9,800 shares outstanding? Assets Liabilities 2018 Cash and Cash Equivalents 2018 63,000 3,000 Current Liabilities 40,000 Short-term Investments Long-term Liabilities 120,000 Inventory 21,000 Total Liabilities 160,000 Accounts Receivables 20,000 Total Current Assets 107,000 Total Owners' Equity 597,000 Fixed Assets 650,000 Total Assets 757,000 0.51 0.38 0.48 0.35