Question
On Johnson and Johnsons balance sheet, they currently show total assets of $175 billion and total liabilities of $100 billion. They currently have 100 million
On Johnson and Johnsons balance sheet, they currently show total assets of $175 billion and total liabilities of $100 billion. They currently have 100 million shares outstanding. Similar firms have a market-to-book ratio of 0.18. What should the price of stock X be?
| $51 | ||
| $113 | ||
| $135 | ||
| $97 |
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Investing From Scratch A Handbook For The Young Investor
Authors: James Lowell
1st Edition
014303684X, 978-0143036845
