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Given the below information, what is the firm's market to book ratio? Income Statement: Sales 1,000,000 Cost of goods sold 700,000 Depreciation 100,000 SG&A expense

Given the below information, what is the firm's market to book ratio?

Income Statement:

Sales 1,000,000

Cost of goods sold 700,000

Depreciation 100,000

SG&A expense 100,000

EBIT 100,000

Interest expense 50,000

Tax expense 20,000

Net income 30,000

Balance Sheet:

Cash 100,000 Accounts Payable 100,000

Accounts Receivable 50,000 Other current liabilities 200,000

Inventory 70,000 Total current liabilities 300,000

Current Assets 220,000 Long term debt 100,000

Fixed Assets 200,000 Total Liabilities 400,000

Intangible Assets 0 Total equity 20,000

Total Assets 420,000

Notable financial ratios:

Cost of goods sold/revenue: 70%

SG&A expenses/revenue: 10%

Current ratio: .73333333

Inventory turns: 10

Dividend yield: 5%

Price earnings ratio: 20

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