Question
Which of the following statements is false regarding Amazon's net assets and market valuation as of December 31, 2020? According to Yahoo! Finance, Amazon's common
Which of the following statements is false regarding Amazon's net assets and market valuation as of December 31, 2020? According to Yahoo! Finance, Amazon's common stock closed at $3,256.93 per share of that day.
a. Amazon's market capitalization of common equity was about $1.64 trillion.
b. Amazon's price-to-book ratio was 17.54
c. Net assets worth about $1.54 trillion were not reported on the balance sheet
d. Investors valued every dollar of net assets reported on the balance sheet at $16.54 on average
This question uses amazon's 10k form from 2020. I can't post the pdf file. I have ruled out choices A & B. I just don't know how to find and check C or D.
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