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True Blue Transport Has a Current Stock Price of $27

Question 95

Multiple Choice

True Blue Transport has a current stock price of $27.For the past year,the company had net income of $2,187,400,total equity of $13,892,300,sales of $26,511,000,and 2.5 million shares outstanding.What is the market-to-book ratio?


A) 3.54
B) 3.81
C) 3.99
D) 4.27
E) 4.86

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