[单选题]

An analyst gathered the following information from a company's most recent financial statements (U.S. $ in millions):

The analyst also determined that the company uses the LIFO inventory method, but most companies in the industry use the FIFO method. The footnotes to the financial statements indicate that if the company had used the FIFO method, the inventory balance would have been $45 million higher than the amount reported on the company's most recent financial statements. If the company's common stock is currently selling for $59 per share, the most appropriate price to book value ratio to use in valuing the company is:

A.1.68

B.1.79

C.1.89

参考答案与解析:

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