Question
1.) MARKET/BOOK RATIO Jaster Jets has $10 billion in total assets. Its balance sheet shows $2.8 billion in current liabilities, $3 billion in long-term debt,
1.) MARKET/BOOK RATIO Jaster Jets has $10 billion in total assets. Its balance sheet shows $2.8 billion in current liabilities, $3 billion in long-term debt, and $4.2 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $42 per share. What is Jaster's market/book ratio? Round your answers to TWO decimal places.
2.) PRICE/EARNINGS RATIO A company has an EPS of $7.00, a book value per share of $35, and a market/book ratio of 2.0x. What is its P/E ratio? Your answer should include numerical value only.
3.) DuPONT AND ROE A firm has a profit margin of 4.6% and an equity multiplier of 2.0. Its sales are $200 million, and it has total assets of $200 million. What is its ROE? Round to two decimal places.
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