Market Value Ratios Tina\'s Track Supply\'s market-to-book ratio is currently 4.

Question

Market Value Ratios 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?
$9.5238, $22.2222, respectively $1050, $450, respectively $450, $1050, respectively $22.2222, $9.5238, respectively $9.5238, $22.2222, respectively $1050, $450, respectively $450, $1050, respectively $22.2222, $9.5238, respectively $9.5238, $22.2222, respectively $1050, $450, respectively $450, $1050, respectively $22.2222, $9.5238, respectively

Explanation / Answer

Market to book value ratio=market value/book value

So, book value=market value/market to book value ratio

book value=100/4.5=22.222

PE ratio=MPS/EPS

earning per share=100/10.5=9.5238

So,answer is $22.2222, $9.5238, respectively

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