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Question content area top Part 1 ( Related to Checkpoint 4 . 4 ) ( Analyzing market value ) GreeneGreene , Inc . ' s

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Part 1
(Related to Checkpoint4.4)(Analyzing market value) GreeneGreene,Inc.'s balance sheet indicates that the book value of stockholders' equity(book value per share times \times total shares outstanding) is $748 comma 900748,900. The firm's earnings per share are $2.792.79, which produces a price-earnings ratio of 12.3212.32. If there are 54 comma 00054,000 shares of common stock outstanding, what is the firm's market-to-book ratio(i.e., the ratio of price per share to book value per share)? What does the market-to-book ratio tell us?

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