Green Recycling, Inc

question 41

Multiple Choice

Green Recycling, Inc., has 150,000 shares of stock outstanding. The firm has total assets of $568,000 and total liabilities of $415,000. The firm's stock is selling for $31 a share. What is the price-book ratio?

• A)22.3
• B)26.5
• C)27.5
• D)30.4
• E)37.8

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