(Solution) - Greene Inc s balance sheet shows a stockholders equity book value -(2025 Original AI-Free Solution)

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Greene Inc.?s balance sheet shows a stockholders? equity book value (total common equity) of $ 750,500. The firm?s earnings per share were $ 3, resulting in a price/ earnings ratio of 12.25X. There are 50,000 shares of common stock outstanding. What is the price/ book ratio? What does this indicate about how shareholders view Greene Inc.?