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What is the Market / Book ratio (M/B) given total common equity = 1000, shares outstanding = 50, total debt = 500, and market price
What is the Market / Book ratio (M/B) given total common equity = 1000, shares outstanding = 50, total debt = 500, and market price per share = 40?
- A. 2 times
- B. 1.33 times
- C. 21.98 times
- D. 20 times
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
