You Are Given the Following Shareholders' Equity Figures for Toronto

question 56

Multiple Choice

You are given the following shareholders' equity figures for Toronto Skaters Inc.(TS) for the fiscal year end of 2015.What is TS's market to book ratio?

• A) 4.59
• B) 18.28
• C) 30.09
• D) 18.11

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Definitions:

Public Markets

Public markets are venues where securities, commodities, and other financial instruments are traded between investors openly and regulated by financial authorities.

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Issued Shares

The total number of shares that a corporation has legally sold to shareholders, including those held by the corporation itself as treasury shares.

Stockholders

Individuals or entities that own shares in a corporation, granting them rights to dividends and a stake in the corporate assets and earnings.