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

 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. Allison & Co. Bee, Inc. Net income $ 525.70 $ 147.24 Shares outstanding 87.10 57.15 Stock price $ 85.59 $ 30.26 Total equity $ 1,668.30 $ 889.48 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 Bee, Inc. times times times times

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