Samurai company has 8 500 000 shares issued to shareholders and the shares sell for $1.98 per
Fantastic news! We've Found the answer you've been seeking!
Question:
Samurai company has 8 500 000 shares issued to shareholders and the shares sell for $1.98 per share, at the end of the year. Total shareholders\' equity is equal to $9 300 000.What is market-to-book ratio?\r\n
A) 0.55\r\n
B) 1.09\r\n
C) 1.81\r\n
D) 1.55\r\n
E) 0.91\r\n
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Posted Date: