signment: Chapter 4 Assignment Assignment Score: 0.00% Save Submit Assignment for Grading estions Problem 4.04 Question 6 of 17 Check My Work (5 remaining) Click here to read the eBook: Market Value Ratios MARKET/BOOK RATIO Edelman Engines has $12 billion in total assets. Its balance sheet shows $1.8 billion in current liabilities, $7.8 billion in long-term debt, and $2.4 billion in common equity. It has 400 million shares of common stock outstanding, and its stock price is $24 per share. What is Edelman's market/book ratio? Round your answer to two decimal places. Check My Work (5 remaining) 0 Icon Key