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Let's all agree the market-to-book asset ratio is comfortably large (> 5). What is the implication for the book value of WD-40s assets? Group of
Let's all agree the market-to-book asset ratio is comfortably large (> 5). What is the implication for the book value of WD-40s assets?
Group of answer choices
They severely understate or do not record current economic values
It likely reflects the current brand value of the WD-40 name and technology
They wildly overstate economic values
It would better reflect reality if the firm did a 10 for 1 stock split
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