The next questions refer to the following.
A publicly traded firm has 4 million shares of stock outstanding, with a current share price of $50. The value of its plant and equipment is $250 million. Its profit annually is $50 million.
-Tobin's q for this firm is
A) 0.75
B) 0.80
C) 1.00
D) 1.20
E) 1.25

Question

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The Answer of The next questions refer to the following.
A publicly traded firm has 4 million shares of stock outstanding, with a current share price of $50. The value of its plant and equipment is $250 million. Its profit annually is $50 million.
-Tobin's q for this firm is
A) 0.75
B) 0.80
C) 1.00
D) 1.20
E) 1.25

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