$($Related to Checkpoint $4\mathrm{.}4)($Market value analysis$)$ Greene, Inc.$\text{'}$s balance sheet indicates that the book value of stockholders' equity $($book value per share $$ total shares outstanding$)$ is $$751,500.$ The firm's earnings per share are $$3\mathrm{.}09,$ which produces a price$-$earnings ratio of $12\mathrm{.}19.$ If there are $47,000$ 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.$)$

A$.$ This means that investors are willing to pay $$3\mathrm{.}09$ for each $$2\mathrm{.}36$ of shareholders' equity in the company's books.

B$.$ This means that investors are willing to pay $$2\mathrm{.}36$ for each $$3\mathrm{.}09$ of shareholders' equity in the company's books.

C$.$ This means that investors are willing to pay $$2\mathrm{.}36$ for each $$1$ of shareholders' equity in the company's books.

D$.$ This means that investors are willing to pay $$1$ for each $$2\mathrm{.}36$ of shareholders' equity in the company's books.