Question
Ford has $16 billion in total assets. Its balance sheet shows $1.5 billion in current liabilities, $4.5 billion in long-term debt, and $7 billion in
Ford has $16 billion in total assets. Its balance sheet shows $1.5 billion in current liabilities, $4.5 billion in long-term debt, and $7 billion in common equity. It has 925 million shares of common stock outstanding, and its stock price is $38 per share. What is Ford's market/book ratio?
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Equity Valuation And Portfolio Management
Authors: Frank J. Fabozzi, Harry M. Markowitz
1st Edition
047092991X, 9780470929919
