Multiple Choice
A firm has 35,000 shares of stock outstanding,sales of $767,000,net income of $84,900,a price-earnings ratio of 16.4,and a book value per share of $9.60.What is the market-to-book ratio?
A) 3.67 times
B) 3.98 times
C) 4.27 times
D) 3.29 times
E) 4.14 times
Correct Answer:
Verified
Correct Answer:
Verified
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