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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
The most recent balance sheet of Infinity Information Systems (IIS) shows that the company has $35 million of common equity and 7 million shares of common stock outstanding. The company’s common stock has a market value equal to $8 per share. IIS’s net income was $14 million. What are IIS’s (a) P/E ratio and (b) M/B ratio?
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