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Chadwick, Inc., has 125,000 shares of stock outstanding, sales of $7.2 million, net income of $600,000, a price-earnings ratio of 22, and a book value per share of $36.30. What is the market-to-book ratio?
Bile
A digestive fluid produced by the liver, stored in the gallbladder, and secreted into the small intestine to aid in the digestion and absorption of fats.
Cholesterol
A waxy, fat-like substance that's found in all cells of the body, necessary for making hormones, vitamin D, and substances that help digest foods.
Salts
Ionic compounds resulting from the neutralization reaction of an acid and a base, commonly used in food and for industrial purposes.
Pancreas
A gland in the digestive system that produces enzymes for digesting food and hormones such as insulin for regulating blood sugar levels.
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