Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300...
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Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million If ECES stock is currently trading at $24.00 and ECE has 25 million shares outstanding, then ECE's market -to-book ratio is closest to: OA 0.24 B. 30 OC. 4 D. 6 Use the following information for ECE incorporated: Assets $200 million Shareholder Equity $100 million Sales $300 million Net Income $15 million Interest Expense $2 million If ECES stock is currently trading at $24.00 and ECE has 25 million shares outstanding, then ECE's market -to-book ratio is closest to: OA 0.24 B. 30 OC. 4 D. 6
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