Thomuy weekly Schdule C Coinbase Khan Academy KQuestion 6(of 6) value: 10.00 points Problem 2-16 Phelps Labs has assets of $444,000, current liabilities of $51,000, and long-term liabilities of $71000. There is $35,500 in preferred stock outstanding: 20,000 shares of common stock have been issued. a. Compute book value (net worth) per share. (Round the final answer to 2 decimal places.) Book value per share b. If there is $25,700 in earnings available to common shareholders and Phelp's stock has a P/E ratio of 19 times EPS, what is the current price of the final answer to 2 decimal places.) ound Current price c. What is the ratio of market value per share to book value per share? (Do not round intermediate calculations. Round the final answer to 2 decimal places) Ratio Worksheet Problem 2-16 Learning Objective: 02-03 Examine the i sheet as a measure of a firms financial jp 19