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Washington Watchs stock price is $75 per share. Washington has $10 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $3
Washington Watchs stock price is $75 per share. Washington has $10 billion in total assets. Its balance sheet shows $2 billion in current liabilities, $3 billion in long-term debt, and $5 billion in common equity. It has 800 million shares of common stock outstanding. What is Washingtons market/book ratio?
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