Multiple Choice
A firm has 21,000 shares of stock outstanding,sales of $927,000,a profit margin of 4.8 percent,a price-earnings ratio of 6.2,and a book value per share of $5.80.What is the market-to-book ratio?
A) 1.67 times
B) 3.98 times
C) 4.27 times
D) 3.29 times
E) 2.26 times
Correct Answer:
Verified
Correct Answer:
Verified
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