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In early 2018, Facebook's market/book ratio was close to 7.0. A market/book ratio that much greater than 1.0 for Facebook means that A. Facebook's
In early 2018, Facebook's market/book ratio was close to 7.0. A market/book ratio that much greater than 1.0 for Facebook means that A. Facebook's book value is inflated because so many of its assets are intangible B. Facebook's stock is overvalued C. the book value of Facebook's equity is far less than the total market value of the company's stock D. Facebook has a huge number of common shares outstanding
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Management A Practical Introduction
Authors: Angelo Kinicki, Brian Williams
5th edition
978-1111821227, 9781133190363, 1111821224, 1133190367, 978-0078112713
