Chisel Corporation has 4.286 million shares outstanding at a price per share of $4.67. If the debt-to-equity ratio is 1.68 and total book value of
Chisel Corporation has 4.286 million shares outstanding at a price per share of $4.67. If the debt-to-equity ratio is 1.68 and total book value of debt equals $12,477,000, what is the market-to-book ratio for Chisel Corporation? (Round answer to 2 decimal places, e.g.12.25.) Market-to-book ratio
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Authors: George H. Pink, Paula H. Song
8th Edition
1640551093, 978-1640551091
