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The most recent statement of financial position of HAUWEI Electronics shows that the company has $35 000 000 of shareholders equity, 7 000 000 ordinary

The most recent statement of financial position of HAUWEI Electronics shows that the company has $35 000 000 of shareholders equity, 7 000 000 ordinary shares outstanding and 6 000 000 shares issued. The company had a price earnings (P/E) ratio of $4,30 per share. HAUWEI Electronics profit for the year was $14 000 000. What is the companys market to book ratio?

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