Question
Lory Company has a total debt to total asset ratio of 45% and a current ratio of 4.1. The firm's stock sells for 112.5 per
Lory Company has a total debt to total asset ratio of 45% and a current ratio of 4.1. The firm's stock sells for 112.5 per share. The total market value of the equity is 25.5 million. The market to book ratio is 6.4 What is the book value per share? Show your answer to the nearest $.01
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
