Question
Klingon corporation had the following operating results for 2014: Total assets = $20,000; Fixed assets = $12,000; NWC = $3,000; Long-term debt = $5,000; Number
Klingon corporation had the following operating results for 2014: Total assets = $20,000; Fixed assets = $12,000; NWC = $3,000; Long-term debt = $5,000; Number of shares outstanding = 1,000; Share price = $70; Net sales of $100,000. What is the market value and book value of equity? What is market-to-book ratio (M/B)?
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Public Finance In Canada
Authors: Harvey Rosen, Beverly George Dahlby, Roger Smith, Jean-Francois Wen, Tracy Snoddon
3rd Canadian Edition
0070951659, 978-0070951655
