In Its 2018 Fiscal Year,the Data Storage Company,NetApp Inc

Multiple Choice

In its 2018 fiscal year,the data storage company,NetApp Inc.,reported that it had 267.9 million shares of common stock outstanding,trading at a price of about $68 per share.On the firm's balance sheet,the value of common stock equity was reported as $2.067 billion.NetApp's market/book ratio was ________.

A) 8.8
B) 7.7
C) 68
D) greater than 100