Question: Vampire Store reported $500,000 in shareholders' equity. Their current stock price is $124, and they have 10,000 shares outstanding. What is their market-to-book ratio?

Vampire Store reported $500,000 in shareholders' equity. Their current stock price is $124, and they have 10,000 shares outstanding. What is their market-to-book ratio?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!