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Creative Toys Limited has total assets of $400 million, total liabilities of $100 million and preferred equity of $25 million. The stock is trading at
Creative Toys Limited has total assets of $400 million, total liabilities of $100 million and preferred equity of $25 million. The stock is trading at $10 per share. If the company has 100 million shares outstanding, it's price/book value ratio will be?
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The book value of equity is the difference between total assets and total liabilities minus any ...
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Accounting Principles Part 3
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
6th Canadian edition Volume 1
1118306805, 978-1118306802
