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P4-22 (similar to) Question Help (Market value analysis) Lei Materials balance sheet lists total assets of $1.09 billion, $189 million in current liabilities S408 million

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P4-22 (similar to) Question Help (Market value analysis) Lei Materials balance sheet lists total assets of $1.09 billion, $189 million in current liabilities S408 million in long term debt $493 million in common equity, and 50 million shares of common stock. If Lei's current stock price is $48 66, what is the firm's market-to-book ratio? The market to book ratio is (Round to two decimal places) e

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