Find the price per share of garrets stock

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Reference no: EM133116214

Garret Industries has a price/earning ratio of 18.78X

a. If Garrets earnings per share is $1.49, what is the price per share of Garrets stock?

b. Using the price per share you found in part a, determine the price/book ratio if Garrets equity book value per share is $9.18

Reference no: EM133116214

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