Use the following information for MEB, Inc. for this problem.

MSB Inc.
Assets
Current assets	End
Cash	11,020
Accounts receivable	9,200
Inventory	15,500
Total	35,720
Fixed assets
Net plant and equipment	50,164
Total assets	85,884
Liabilities and owners' equity
Current liabilities
Accounts payable	9,400
Notes payable	5,600
Total	15,000
Long-term debt	20,000
Owners' equity
Common stock and paid-in surplus	31,500
Accumulated retained earnings	19,384
Total	50,884
Total liabilities and owners' equity	85,884
Income statement
Sales	62,000
-Cost of goods sold	23,200
Gross Margin	38,800
-SG&A	18,000
-Depreciation	3,600
EBIT	17,200
-Interest paid	2,000
Taxable income	15,200
Taxes	30%	4,560
Net income	10,640
Dividends	40%	4,256
Retained earnings	60%	6,384
Shares of stock outstanding	13,000
Market price per share	27

What is the market to book ratio?

A.	4.77
B.	7.94
C.	6.13
D.	6.90
E.	7.28
F.	5.69