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Need help on part B Q3. (9 points) (a) Jay & Co. reported the following numbers (in millions) for fiscal year 2019. Calculate the following
Need help on part B
Q3. (9 points) (a) Jay \& Co. reported the following numbers (in millions) for fiscal year 2019. Calculate the following three ratios for the company. Earnings per share: 745/87.2=8.54 Market-to-book ratio: 1812187.2=20.74850.88/20.78=2.45 Price-earnings ratio: 50.48/8.54=5.96 b) (4 points) If Jay \& Co. has a total debt ratio of 0.25, what is the debt-equity ratio? What is the company's equity multiplierStep by Step Solution
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