Houston Technology, Inc, is a public company with 2,350,000 shares of stock outstanding. As of the year's

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Houston Technology, Inc, is a public company with 2,350,000 shares of stock outstanding. As of the year's end the stock was selling for $9.83 per share and had total net income of $1,290,000 and total owner's equity of $9,600.000.
Calculate the P/E ratio and the price to book ratio for Houston Technology, Inc?
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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