Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Net fixed assets Total assets Liabilities and Equity 9,000 Accounts payable 16,000 4,000 Notes payable 8,000 9,000 Current liabilities 24,000 45,000 Long-term debt 80,000 67,000 Total liabilities 104,000 42,000 Paid-in capital 30,000 60,000 Retained earnings 35,000 102,000 Equity 65,000 169,000 Total liab. & equity 169,000 Line Item Value Sales 840,000 Operating expenses 688,800 Depreciation 25,000 EBIT 126,200 Interest 8,000 Taxable income 118,200 Taxes 39,006 Net income 79,194 The company has 30,000 shares outstanding, each currently trading at $22. IA TO Part 2 What is the market/book ratio? ay RA 1+ decimals le in Submit