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A company's stock price is $55 per share. The company has $13 billion in total assets. Its balance sheet shows $1.5 billion in current liabilities,
A company's stock price is
$55
per share. The company has
$13
billion in total assets. Its balance sheet shows
$1.5
billion in current liabilities,
$4.5
billion in long-term debt, and
$7
billion in common equity. It has 950 million shares of common stock outstanding.\ What is the book value per share? Blank 1\ What is the market/book ratio? Blank 2
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