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Tina's Track Supply's Market-To-Book Ratio Is Currently 4

Question 25

Multiple Choice

Tina's Track Supply's market-to-book ratio is currently 4.5 times and PE ratio is 10.5 times. If Tina's Track Supply's common stock is currently selling at $100 per share, what is the book value per share and earnings per share?


A) $450, $1,050, respectively
B) $1,050, $450, respectively
C) $22.2222, $9.5238, respectively
D) $9.5238, $22.2222, respectively

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