In early 2018, Facebook's market/book ratio was close to 7.0. A market/book ratio that much greater...
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In early 2018, Facebook's market/book ratio was close to 7.0. A market/book ratio that much greater than 1.0 for Facebook means that A. Facebook's book value is inflated because so many of its assets are intangible B. Facebook's stock is overvalued C. the book value of Facebook's equity is far less than the total market value of the company's stock D. Facebook has a huge number of common shares outstanding In early 2018, Facebook's market/book ratio was close to 7.0. A market/book ratio that much greater than 1.0 for Facebook means that A. Facebook's book value is inflated because so many of its assets are intangible B. Facebook's stock is overvalued C. the book value of Facebook's equity is far less than the total market value of the company's stock D. Facebook has a huge number of common shares outstanding
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Management A Practical Introduction
ISBN: 978-0078112713
5th edition
Authors: Angelo Kinicki, Brian Williams
Posted Date:
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