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

question 67

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

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