Question
LeiMaterials' balance sheet lists total assets of $1.23 billion, $128 million in currentliabilities, $453 million inlong-term debt, $649 million in commonequity, and 53 million shares
LeiMaterials' balance sheet lists total assets of $1.23 billion, $128 million in currentliabilities, $453 million inlong-term debt, $649 million in commonequity, and 53 million shares of common stock. IfLei's current stock price is $52.15, what is thefirm's market-to-bookratio?
Themarket-to-book ratio is????
round two decimals
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
