Question
Which of the following statements about market-to-book ratio is NOT true? The book value refers to the equity value from balance sheet. A low market-to-book
Which of the following statements about market-to-book ratio is NOT true?
The book value refers to the equity value from balance sheet.
A low market-to-book ratio indicates the current stock price might be low.
The market value refers to the current stock price.
When the market-to-book ratio is lower than 1, the company has successfully created value for its shareholders.
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
27th edition
978-1337272094, 1337272094, 978-1337514071, 1337514071, 978-1337899451
