What Is the Market-To-Book Ratio If the Smith Co

question 26

Multiple Choice

What is the market-to-book ratio if the Smith Co. has 2,603 million shares of common stock outstanding with a current market price of $22 per share?

• A) 2.67
• B) 3.33
• C) 3.63
• D) 4.37
• E) 6.06

---

Definitions:

Designates Time Frame

Specifies the period during which an event occurs or an action is supposed to take place.

Achievement of Goal

The successful accomplishment or attainment of a specified objective or target.

Task-Centered Model

A social work intervention model focusing on short-term tasks to bring about change, emphasizing the client's active role and problem resolution.

Incremental Action Steps

Small, manageable actions taken one at a time to gradually achieve a larger goal.