Using the balance sheet information for Huntsville Manufacturing Company provided below. calculate the company's 2017 market to book ratio, Assume the company has 500.000 shares of stock outstanding and the current market price of its common stock is 59.75 Enter your answer as a number with four places of precision (..01234 or 1.234) ensure that you precede the decimal point with a number 2017 2016 $ Assets Current Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets Huntsville Manufacturing Company Balance Sheet as of December 31 2017 2016 Liabilities and Shareholder Equity Current Liabilities 20,385 $ 23,500 Accrued Wages and Taxes 34,325 46,355 Accounts Payable 128,884 75,820 Notes Payable 183,594 S 145,675 Total Current Liabilities Long term debit 710,685 612,875 Total Liabilities 38,570 22,480 130,365 157,835 111.540 72,890 S 280,475 S 253,205 $ Long-term Assets Net Fixed Assets 210,000 170,000 $ 490,475 $ 423,205 Shareholder Equity Common stock Retained earnings Total Shareholder Equity $ 175,000 $ 175,000 228,804 160,345 S403,804 S 335,345 Total Assets B94,2795 753,550 Total Liabilities and Shareholder Equity 5 894,279 S 758,550