DEF Inc. financial statements See the information given in the financial statements of DEF Inc. If the stock price is $10 and the number of outstanding shares is 3 billion at the end of 2020, what is the market-to-book ratio ?

DEF Inc. financial statements See the information given in the financial statements of DEF Inc. If the stock price is $10 and the number of outstanding shares is 3 billion at the end of 2020, what is the market-to-book ratio ? Home Paste D2 B 3 AutoSave OFF Insert Draw Page Layout A- V Ib- Font Alignment 3 xfx ($ in millions) A B C DEF Inc. 2020 Income Statement (5 in millions) $9,625 Net sales Cost of goods sold Depreciation EBIT Interest Taxable income Taxes Net Income Addition to retained earnings Dividends paid Sheet1 + 5,225 1.890 $2,510 850 $1,660 581 $1.079 $400 679 Formulas % - Number Exam 1 Excel for DEF Inc (1) Data Review View Conditional Formatting Format as Table Cell Styles D Cash Accounts Receivable leventory Current Assets Net fixed assets Total assets 2019 Tell me $1,455 Cells DEF Inc. Balance Sheet (5 in millions) 2020 $1,150 $260 Accounts payuable 3,975 Notes payable 2,460 2.600 $3,750 1,405 $5,320 19,300 2,000 885 Current liabilities $5,120 Long term debt 21,720 Common stock Retained earnings $24.620 $26.840 Total abiliels and equity $24.629 $26.840 7,600 5.500 5,700 8,370 9,049 Editing Analyze Sensitivity Data H 2019 2020 $2,863 1.628 $4,491 Share C L Comments M 100% 591&cfql-08. stock price is 10, what is the