In October 2008, the 142 562 outstanding shares of Realnetworks, Inc , traded at $3 96 each The most recent quarterly balance sheet reported $454 million in net financial assets and $876 million in common shareholders equity (a) What is the price to book ratio for the firms equity (b) What is the b...

a Total price of equity 396 142562 million shares 5645 million Book value ...

In October 2008, the 142.562 outstanding shares of Realnetworks, Inc., traded at $3.96 each. The most recent

Question:

In October 2008, the 142.562 outstanding shares of Realnetworks, Inc., traded at $3.96 each. The most recent quarterly reported $454 million in net financial assets and $876 million in common shareholders’ equity?
(a) What is the price to-book ratio for the firm’s equity?
(b) What is the book value of the firm’s equity?
(c) At what price is the market valuing the business operations?

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...