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Wiasten Watch's stock price is $70 per share. Winston has $10 billon in total assets. its balance sheet shows $1 bilion in current lisbutbes, $3

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Wiasten Watch's stock price is $70 per share. Winston has $10 billon in total assets. its balance sheet shows $1 bilion in current lisbutbes, $3 bilion in iong-term debt, and $6 bilion in common equity. It has 550 million shares of common stock outstanding. What is Winston's market/book ratio? Do not round intermediate calculations. Alound your answer to two decimal places

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