Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5...

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Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5...

Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporation's market-to-book ratio?

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Answer 1

Answer #1

А B DE F 1) Market Capitalisation of corporation = Total outstanding shares * Current Market price Market capitalisation = 25

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Answer 2

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