Multiple Choice
A firm has 160,000 shares of stock outstanding, sales of $1.94 million, net income of $126,400, a price-earnings ratio of 18.7, and a book value per share of $9.12. What is the market-to-book ratio?
A) 1.62
B) 1.84
C) 2.23
D) 2.45
E) 2.57
Correct Answer:
Verified
Correct Answer:
Verified
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