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IN ABC Construction Inc. has building and equipment of $315,600, long-term debt of $154,700, accounts payable of $52,000, cash of $9,800, accounts receivable or $18,300,
IN ABC Construction Inc. has building and equipment of $315,600, long-term debt of $154,700, accounts payable of $52,000, cash of $9,800, accounts receivable or $18,300, inventory of $62,000, andretained earnings of $147,000
What is the total equity of the firm?
If the number of shares outstanding are 100,000 and price of the stock is $20, what is the price to book ratio?
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