Question
Company ABC has a market capitalization of $750 million, Book Value (Shareholders Equity) Per share of $15 and net income of $25 million. If the
Company ABC has a market capitalization of $750 million, Book Value (Shareholders Equity) Per share of $15 and net income of $25 million. If the stock is currently trading at $30. The Return on Equity is:
A. | 3.3% | |||||||||||||||||||||||||
B. | 6.7% | |||||||||||||||||||||||||
C. | 9.3% | |||||||||||||||||||||||||
D. | 50.0%
2. The current ratio of Company X is 3.0 times. Company X has working capital of $20,000. Total Current Assets for Company X are:
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