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Chapter 14 End of Chapter - Algorithmic (i) According to the financial statements for Samson Electronics, Inc., the firm has total assets valued at $315
Chapter 14 End of Chapter - Algorithmic (i) According to the financial statements for Samson Electronics, Inc., the firm has total assets valued at $315 million. It also has total liabilities of $172 million. Company records indicate that the firm has issued 9 million shares of stock. 10 (a) Based on the above information, calculate the book value for a share of Samson Electronics. (Round your answer to 2 decimal points places.) eBook Hint Print References (b) If a share of Samson Electronics, Inc., currently has a market value of $22 a share, what is the market-to-book ratio? (Round your answer to 2 decimal places.)
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