Question Help (Related to Checkpoint 4.4) (Market value analysis) Greene, Inc.'s balance sheet indicates that the book value of stockholders' equity (book value per share x total shares outstanding) is $749,700. The firm's earnings per share are $2.89, which produces a price-earnings ratio of 11.25. If there are 48,000 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? The market-to-book ratio is . (Round to two decimal places.) What does the market-to-book ratio tell us? (Select the best choice below.) O A. This means that investors are willing to pay $2.08 for each $1 of shareholders' equity in the company's books. OB. This means that investors are willing to pay $2.89 for each $2.08 of shareholders' equity in the company's books. O C. This means that investors are willing to pay $1 for each $2.08 of shareholders' equity in the company's books OD. This means that investors are willing to pay $2.08 for each $2.89 of shareholders' equity in the company's books