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Lei Materials' balance sheet lists total assets of $ 1.46 billion, $ 149 million in current liabilities, $ 468 million in long-term debt, $ 843

Lei Materials' balance sheet lists total assets of

$ 1.46

billion,

$ 149

million in current liabilities,

$ 468

million in long-term debt,

$ 843

million in common equity, and

51

million shares of common stock. If Lei's current stock price is

$ 47.12

,

what is the firm's market-to-book ratio?

The market-to-book ratio is

nothing

.

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