Dixie Supply has total assets with a current book value of $368,900 and a current replacement cost of $486,200.The market value of these assets is $464,800.What is the value of Tobin's Q?
A).86
B).92
C).96
D)1.01
E)1.06

Name: Dixie Supply has total assets with a current book value of $368,900 and a current replacement cost of $486,200.The market value of these assets is $464,800.What is the value of Tobin's Q? A).86 B).92 C).96 D)1.01 E)1.06
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Quizplus · Accepted Answer

Tobin's Q = $464,800/$486,200 = .96

Dixie Supply Has Total Assets with a Current Book Value