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Sam Corp's stock price at the end of last year was $28.50. Assets were $5,200,000; Liabilities were $300,000. There were 200,000 shares outstanding. What was

Sam Corp's stock price at the end of last year was $28.50. Assets were $5,200,000; Liabilities were $300,000. There were 200,000 shares outstanding. What was its Market to Book ratio? (hint> find book value; then book value/ share).

a. 1.16 b. 1.92 c. 2.00 d. 1.48 e. 1.88

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