Multiple Choice
A firm has 12,000 shares of stock outstanding,sales of $638,100,a profit margin of 8.2 percent,a tax rate of 21 percent,a price-earnings ratio of 11.3,and a book value per share of $7.98.What is the market-to-book ratio?
A) 6.08
B) 5.42
C) 5.16
D) 6.17
E) 6.90
Correct Answer:
Verified
Correct Answer:
Verified
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