Question: Problem 3-40 Market Value Ratios [LO2] Allison & Co. and Bee, Inc. reported the following numbers (in millions) for fiscal year 2014. Allison & Co.

Problem 3-40 Market Value Ratios [LO2]

Allison & Co. and Bee, Inc. reported the following numbers (in millions) for fiscal year 2014.

Allison & Co. Bee, Inc.
Net income $ 595.70 $ 217.24
Shares outstanding 87.17 57.22
Stock price $ 92.59 $ 37.26
Total equity $ 1,738.30 $ 959.48

Calculate the earnings per share, market-to-book ratio, and priceearnings ratio for each company. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Allison & Co. Bee, Inc.
Earnings per share $ times $ times
Market-to-book ratio times times
Priceearnings ratio times times

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