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TI Stock Price from 1230?2022 is $165.22? share. Calculate TI's Market to Book Ratio....

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Accounting

TI Stock Price from 1230?2022 is $165.22? share.
Calculate TI's Market to Book Ratio. Round your answer to two decimal points.
Hints:
(1) Calculate shares outstanding:
# shares shown by common stock account on balance sheet MINUS the # shares repurchased shown by treasury stock on the balance sheet.
(2) Calculate market value of equity:
Multiply stock price of $165.22 by # Shares outstanding calculated in Hint 1
(3) Calculate market-to-book ratio:
Divide market value of equity from Hint 2 by book value of equity which is equal to total shareholders' equity on the balance sheet.
Remember to round your answer to two decimal points, e.g.9.28
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