Question
On December 31, 2019, Austin Enterprises had 1,000,000 shares of common stock outstanding. The market price was $3.25 per share. The company's Shareholders Equity was
On December 31, 2019, Austin Enterprises had 1,000,000 shares of common stock outstanding. The market price was $3.25 per share. The company's Shareholders Equity was $2,835,000. What was the ratio of market value to book value?
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
