The Next Questions Refer to the Following

Multiple Choice

The next questions refer to the following.
A publicly traded firm has 4 million shares of stock outstanding, with a current share price of $50. The value of its plant and equipment is $250 million. Its profit annually is $50 million.
-Tobin's q for this firm is

A) 0.75
B) 0.80
C) 1.00
D) 1.20
E) 1.25