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please help, show work if possible please. (#2 and #4) I have the book value at $32.14 already. if that is incorrect please let me
please help, show work if possible please. (#2 and #4) I have the book value at $32.14 already. if that is incorrect please let me know.
Paper Express Company has a balance sheet which lists $85 million in assets, $40 million in liabilities and \$45 million in common shareholders' equity. It has 1,400,000 common shares outstanding. The replacement cost of the assets is $115 million. The market share price is $90. 2. What is Paper Express's market value per share? A. $1.68 B. $2.60 C. $32.14 D. $60.71 E. none of the above 4. What is Paper Express's Tobin's q? A. 1.68 B. 2.60 C. 53.57 D. 60.71 E. none of the above Step by Step Solution
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