Question: Problem 3-40 Market Value Ratios [LO2] Allison & Co. and Bee, Inc., reported the following numbers (in millions) for fiscal year 2018. Net income Shares

Problem 3-40 Market Value Ratios [LO2] Allison & Co. and Bee,

Problem 3-40 Market Value Ratios [LO2] Allison & Co. and Bee, Inc., reported the following numbers (in millions) for fiscal year 2018. Net income Shares outstanding Stock price Total equity Allison & Co. $ 625.70 87.20 $ 95.59 $ 1,768.30 Bee, Inc. $ 247.24 57.25 $ 40.26 $ 989.48 Calculate the earnings per share, market-to-book ratio, and price-earnings ratio for each company. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Earnings per share Market-to-book ratio Price-earnings ratio Allison & Co. times times times Bee, Inc. times times times

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