Question
Westcoast Supplies has 1.6 million shares outstanding with a book value of $4.31 a share. The earnings per share are $0.32 and the price-earnings ratio
Westcoast Supplies has 1.6 million shares outstanding with a book value of $4.31 a share. The earnings per share are $0.32 and the price-earnings ratio is 24. What is the market-to-book ratio?
1.83
1.64
1.92
1.34
1.78
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
