Use the following information for ECE incorporated:

-If ECE's stock is currently trading at $24.00 and ECE has 25 million shares outstanding,then ECE's market-to-book ratio is closest to:
A)0.24.
B)4.
C)6.
D)30.

Name: Use the following information for ECE incorporated: -If ECE's stock is currently trading at $24.00 and ECE has 25 million shares outstanding,then ECE's market-to-book ratio is closest to: A)0.24. B)4. C)6. D)30.
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Question

Use the following information for ECE incorporated:

-If ECE's stock is currently trading at $24.00 and ECE has 25 million shares outstanding,then ECE's market-to-book ratio is closest to:
A)0.24. 
B)4. 
C)6. 
D)30.

Quizplus · Accepted Answer

The Answer is C

Use the Following Information for ECE Incorporated