A corporation reports the following: $200,000 Current Assets Equipment Accumulated Depreciation Current Liabilities Long term liabilities (debt) 110,000 10,000 20,000 15,000 Common Stock Retained Earnings The book value per share is $10 and the market value per share is $20. Calculate the market to book ratio. You must include the calculation in order to receive credit. 100,000 165,000

A corporation reports the following: The book value per share is $10 and the market value per share is $20. Calculate the market to book ratio. You must include the calculation in order to receive credit