Question
Jaster Jets has $15 billion in total assets. Its balance sheet shows $3 billion in current liabilities, $5 billion in long-term debt, and $7 billion
Jaster Jets has $15 billion in total assets. Its balance sheet shows $3 billion in current liabilities, $5 billion in long-term debt, and $7 billion in common equity. It has 875 million shares of common stock outstanding, and its stock price is $40 per share. What is Jaster's market/book ratio?
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The Palgrave Handbook Of Technological Finance
Authors: Raghavendra Rau, Robert Wardrop, Luigi Zingales
1st Edition
3030651169, 978-3030651169
