Question
A company has 5,000 shares outstanding, sales of $6,000, net income of $800, a price ratio of 10, and a book value per share of
A company has 5,000 shares outstanding, sales of $6,000, net income of $800, a price ratio of 10, and a book value per share of $0.50. What is the market to book value ratio?
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The market to book value ratio compares the market value per s...
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
