Taggart Goods Corp. just reported a net income of $5,000,000, and its current stock price is $34.00 per share. Taggart is forecasting an increase of 25% for its net income next year, but it also expects it will have to issue 2,100,000 new shares of stock (raising its shares outstanding from 5,500,000 shares to 7,600,000 shares). If Taggart's forecast turns out to be correct and its price-to-earnings (P/E) ratio does not change, what does management expect its stock price to be one year from now? $30.64 per share $34.00 per share $22.98 per share $38.30 per share One year later, Taggart Goods Corp.'s stock is trading at $42.25, and the company reports its common equity value as $46,572,800. What is Taggart Goods Corp.'s market-to-book (M/B) ratio? Is it possible for a company to have a negative EPS and thus a negative P/E ratio