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Start - Up Industries is a new firm that has raised $ 2 1 0 million by selling shares of stock.Management plans to earn a
StartUp Industries is a new firm that has raised $ million by selling shares of stock.Management plans to earn a rate of return on equity, which is more than the rate of return available on comparablerisk investments. Half of all earnings will be reinvested in the firm.
What will be StartUps ratio of market value to book value?
Note: Do not round intermediate calculations.
What will be StartUps ratio of market value to book value if the firm can earn only a rate of return of on its investments?
Note: Do not round intermediate calculations. Round your answer to decimal place.
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