Question
) Winston Washerss stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities,
) Winston Washerss stock price is $75 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 800 million shares of common stock outstanding.
What is Winstons market/book ratio?
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