Question
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 closest to ______.
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
1452274177, 978-1452274171
