Dass Taxis has a current share price of $2.26. For the past year, the company had...
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Dass Taxis has a current share price of $2.26. For the past year, the company had profit for the year (or period) of $22 600, total equity of $34 800, taxi revenue of S14 000 and 25000 shares outstanding. What is the market-to- book ratio? А. 3.54 В. 2.26 С. 1.62 D. 1.46 Dass Taxis has a current share price of $2.26. For the past year, the company had profit for the year (or period) of $22 600, total equity of $34 800, taxi revenue of S14 000 and 25000 shares outstanding. What is the market-to- book ratio? А. 3.54 В. 2.26 С. 1.62 D. 1.46
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ANSWER B 226 The markettobook ratio also referred to as the feetoebook ratio is the opposite of the ... View the full answer
Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
Posted Date:
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