Question: Session 4 A firm has current assets that could be sold for their book value of $10 million The book value of its fixed assets

Session 4 A firm has current assets that could be sold for their book value of $10 million The book value of its fixed assets is $60 million, but they could be sold for $90 miltion today The firm has total debt with a book value caused the market value of the debt to increase to $50 million What is this firm's market-to-book ratio? (Round your answer to 2 decimal places.) of $40 million, but interest rate declines have

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