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Save (Market value analysis) Lei Materials' balance sheet lists total assets of $1.11 billion, $171 million in current liabilities, $484 million in long-term debt, $455
Save (Market value analysis) Lei Materials' balance sheet lists total assets of $1.11 billion, $171 million in current liabilities, $484 million in long-term debt, $455 million in common equity, and 60 million shares of common stock. If Lei's current stock price is $53.29, what is the firm's market-to-book ratio? The market-to-book ratio is (Round to two decimal places.)
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