You are given the following information: Stockholders' equity = $323 million; price/earnings ratio = 14; shares outstanding = 8,800,000; and market/book ratio =7.7. Calculate the market price of a share of the company's stock..

$282.59 per share

Step-by-step explanation:

Given that,

Stockholders' equity = $323 million

price/earnings ratio = 14

shares outstanding = 8,800,000

Market/book ratio =7.7

Book Value per share:

= Stockholders' equity ÷ shares outstanding

= $323,000,000 ÷ 8,800,000

= $36.70

Market price per share:

= Book Value per share × Market/book ratio

= $36.70 × 7.7

= $282.59 per share

unless you made a typo, the answers are both a and c.

step-by-step explanation:

1.5/3 is .5 whereas 3/9 is .3333333 not proportional

22/33 is .66666 and 4/6 is also .66666 proportional

2/4 is .5 whereas 142/213 is .66666 not proportional

14/7 is 2 and 7/3.5 is also 2 proportional

you could've also checked it by doing this simple division:

if the larger fraction divides with the smaller fraction to equal 1, it is proportional. so let me show you what i mean:

when i divide 22/33 by 4/6 i get 1, so we know it is proportional, and it is the same with 14/7 and 7/3.5. now if i divide 3/9 by 1.5/3 i get .66666 so therefore we know it is not proportional.

there are many ways to do this so i wanted to show you some possible ways.