A Stock Has 94 Million Shares Outstanding,with a Current Share

question 111

Multiple Choice

A stock has 94 million shares outstanding,with a current share price of $3.53 per share.If the firm's book value of equity is $120 million,what is its market-to-book ratio?

• A)2.77
• B)0.38
• C)1.28
• D)0.78
• E)3.53

Understand the concept and classification of cash flows in operating, investing, and financing activities.

Analyze and interpret the effects of specific transactions on the statement of cash flows.

Differentiate between the indirect and direct methods of reporting cash flows.

Identify the impacts of changes in balance sheet accounts on cash flow.

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Definitions:

Lightning

A sudden electrostatic discharge during a thunderstorm between electrically charged regions of a cloud, between two clouds, or between a cloud and the ground.

Classical Conditioning

The process of learning by continuously combining two stimuli; a response that first originates from the second stimulus ultimately originates from the first stimulus exclusively.

Operant Behavior

Conduct that is governed or impacted by its outcomes, such as incentives or sanctions.

Influences

Factors or agents that have an effect on the development, behavior, or decisions of individuals or systems.