Question: please answer a & b 6 of 11 (6 complete) HW Scc Problem 4-13 (similar to) (Market value ratios) Garret Industries has a pricelearnings ratio

please answer a & b please answer a & b 6 of 11 (6 complete) HW Scc

6 of 11 (6 complete) HW Scc Problem 4-13 (similar to) (Market value ratios) Garret Industries has a pricelearnings ratio of 14 84x. a. If Garret's earnings per share is 51.62, 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 59.51 The price per share of Garret's stock is (Round to the nearest cent.)

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