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A company has the following market and accounting information. Market capitalization ($ mil) = $18,871 Stockholders' equity ($ mil) = $15,245 Goodwill ($ mil) =
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A company has the following market and accounting information.
Market capitalization ($ mil) = $18,871
Stockholders' equity ($ mil) = $15,245
Goodwill ($ mil) = $ 950
Other intangible assets ($ mil) = $ 600
What is the company's price-to-tangible-book-value ratio?
a. 1.2
b. 1.3
c. 1.4
d. 1.5
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