Multiple Choice
Chadwick, Inc., has 125,000 shares of stock outstanding, sales of $7.2 million, net income of $600,000, a price-earnings ratio of 22, and a book value per share of $36.30. What is the market-to-book ratio?
A) 1.87
B) 2.43
C) 2.91
D) 3.18
E) 3.27
Correct Answer:
Verified
Correct Answer:
Verified
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