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Winston Washers's stock price is $100 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3
Winston Washers's stock price is $100 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 650 million shares of common stock outstanding. What is Winston's market/book ratio? Round your answer to two decimal places
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Fintech For Finance Professionals
Authors: David Kuo Chuen Lee, Joseph Lim, Kok Fai Phoon, Yu Wang
1st Edition
9811241864, 978-9811241864
