Question
Use the financial information for Illinois Tool Works (ticker: ITW) shown below. You want to consider the level of cheapness of ITW relative to its
Use the financial information for Illinois Tool Works (ticker: ITW) shown below. You want to consider the level of cheapness of ITW relative to its Book Value. What is the current (as of 12/31/2019) Price-to-Book Ratio if there are 324 million shares outstanding at the end of 2019. State your answer with two decimal places of accuracy.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
18th Edition
126409762X, 9781264097623
