Question
A firm has shareholder equity of $24,408,720.00 with 1,143,403.00 shares outstanding. The firms common stock currently trades at $30.00 per share. What is the market-to-book
A firm has shareholder equity of $24,408,720.00 with 1,143,403.00 shares outstanding. The firms common stock currently trades at $30.00 per share. What is the market-to-book ratio for the firm?
Round to two decimals
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The Analysis And Use Of Financial Statements
Authors: Gerald I. White, Ashwinpaul C. Sondhi, Haim D. Fried
2nd Edition
0471111864, 978-0471111863
