Question: a. Round to the nearest cent b. round to two decimal places (Market-value ratios) Garret Industries has a price/earnings ratio of 20.69X. a. If Garret's

a. Round to the nearest cent b. round to two decimal places a. Round to the nearest cent

b. round to two decimal places

(Market-value ratios) Garret Industries has a price/earnings ratio of 20.69X. a. If Garret's earnings per share is $1.58, what is the price per share of Garret's stock? b. Using the price per share you found in part a, determine the price/book ratio if Garret's equity book value per share is $9.7-4. a. The price per share of Garret's stock is s (Round to the nearest cent.) b. Garret's price/book ratio is X. Round to two decimal places.)

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