Tobin's Q Is Defined as the Market Value of Firms

question 50

Multiple Choice

Tobin's q is defined as the market value of firms ________ the replacement cost of capital.

• A)times
• B)minus
• C)plus
• D)divided by

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Definitions:

Supplies

Materials and items that are used in the day-to-day operations of a business but which do not form part of the final product.

Freight-in

Freight-in refers to the shipping cost associated with getting goods from the supplier to their location, which is part of the inventory cost.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a company's assets over their useful lives.

Financial Statement

An official document detailing the monetary transactions and status of an organization, individual, or different entity.