A company's stock price is $75 per share, and it has $13 billion in total assets. Its

Question:

A company's stock price is $75 per share, and it has $13 billion in total assets. Its shows $1 billion in current liabilities, $3 billion in long-term debt, and $9 billion in common equity. It has 600 million common shares outstanding. What is the company's market/book ratio? Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...