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Question 24 (1 point) Given the liabilities and Equity from the Balance Sheet below, calculate the Market- to-Book Value of Equity in 2018. Assume a
Question 24 (1 point) Given the liabilities and Equity from the Balance Sheet below, calculate the Market- to-Book Value of Equity in 2018. Assume a current price per share of $20 and 200 million shares outstanding 2018 300 DALSA CORPORATION: BALANCE SHEETS FOR YEAR ENDING DECEMBER 31 (MILLIONS OF DOLLARS) 2017 Liabilities and Equity: Accounts payable Notes payable 160 Accruals 200 Total current liabilities Long-term debt (bonds) 450 Total debt 1,110 Preferred Stock Common stock (200 million shares) Retained earnings Total common equity Total liabilities and owners' equity 2.000 660 $350 $200 $220 S770 $450 $1,220 SO $260 5685 $945 S2.165 265 625 890 9.45 None of the answers is correct 15.38 4.23 4.73
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