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Snowboard Supply Co. has Total Assets of $300,000,000 . The company's stock price has reached a 52-week high of $20.00 per share. However, the firm

Snowboard Supply Co. has Total Assets of

$300,000,000

. The company's stock price has reached a 52-week high of

$20.00

per share. However, the firm has

$100,000,000

of Total Debt. They have

50,000,000

shares outstanding. The tax rate is

40%

and Costs of Goods Sold are

$128,982

. What is the Market-to-Book ratio?\ 2.33\ 5.00\ 2.50\ 1.75\ 3.48

image text in transcribed
Snowboard Supply Co. has Total Assets of $300,000,000. The company's stock price has reached a 52 -week high of $20.00 per share. However, the firm has $100,000,000 of Total Debt. They have 50,000,000 shares outstanding. The tax rate is 40% and Costs of Goods Sold are $128,982. What is the Market-to-Book ratio? 2.33 5.00 2.50 1.75 3.48

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