Question
A Halifax firm has 1.6 million shares outstanding at a book value of $4.31 a share. The earnings per share are $0.32 and the price-earnings
A Halifax firm has 1.6 million shares outstanding at a book value of $4.31 a share. The earnings per share are $0.32 and the price-earnings ratio is 24. What is the market-to-book ratio? Select one:
A. 1.92
B. 1.83
C. 1.88
D. 1.64
E. 1.78
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The Legal Environment Today Summarized Case Edition
Authors: Roger LeRoy Miller
8th Edition
130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768
