Question
Problem 4-4 MARKET/BOOK RATIO Edelman Engines has $4 billion in total assets. Its balance sheet shows $0.6 billion in current liabilities, $2.6 billion in long-term
Problem 4-4 MARKET/BOOK RATIO
Edelman Engines has $4 billion in total assets. Its balance sheet shows $0.6 billion in current liabilities, $2.6 billion in long-term debt, and $0.8 billion in common equity. It has 900 million shares of common stock outstanding, and its stock price is $31 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.
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The Critical Handbook Of Money Laundering Policy Analysis And Myths
Authors: Petrus C. Van Duyne, Jackie H. Harvey, Liliya Y. Gelemerova
1st Edition
1137523972, 978-1137523976
