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In September 2016, IBM traded at $145 per share with a total market capitalization of its equity of $353.89 billion. It reports $34 billion of

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In September 2016, IBM traded at $145 per share with a total market capitalization of its equity of $353.89 billion. It reports $34 billion of debt, and sales for its latest year were $118.2 billion. Calculate the price-to-sales ratio. Select one: a. 1.68 b. 3.28 C. 32.8 d. 23.28 In September 2016, IBM traded at $145 per share with a total market capitalization of its equity of $353.89 billion. It reports $34 billion of debt, and sales for its latest year were $118.2 billion. Calculate the price-to-sales ratio. Select one: a. 1.68 b. 3.28 C. 32.8 d. 23.28

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