Answered: A firm has $160,000 shares of stock…

A firm has $160,000 shares of stock outstanding sales of $1.94 million , net income of $126,400 a price earnings ratio of 21.3 and a book value per share of $7.92. What is the market to book ratio?

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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A firm has $160,000 shares of stock outstanding sales of $1.94 million , net income of $126,400 a price earnings ratio of 21.3 and a book value per share of $7.92. What is the market to book ratio?

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