Question
Q1 What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000,
Q1
What is the market price of a share of stock for a firm with 100,000 shares outstanding, a book value of equity of $3,000,000, and a market-to-book ratio of 3?
$30
$105
$10
$90
Q2
The quick ratio for Apple, Inc. was 0.80 in 2017 and 0.93 in 2018. This means:
The company's liquidity increased
The company's liquidity decreased
The company's efficiency increased
The company's efficiency decreased
Q3
Camp co's balance sheet shows total assets of $238,000 and total liabilities of $107,000. The firm has 55,000 shares of stock outstanding that sell for $11 a share. What is the amount of market value-added?
$474,000
$1,073,000
$123,712
$389,000
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