Question
In June 2013, HJ Heinz Co. (HNZ) had a share price of $72.36, a market-to-book ratio of 7.66, a book value of $4,984 million, and
In June 2013, HJ Heinz Co. (HNZ) had a share price of $72.36, a market-to-book ratio of 7.66, a book value of $4,984 million, and a cash value of $1,100.7 million.
What was Heinz's market capitalization (market value of capital)?
What was its institutional value?
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
