The financial statements of Black Barn Company are given below. Note: The common shares are trading in the stock market for $40 each.
Refer to the financial statements of Black Barn Company. The firm's market-to-book value for 2009 is
A) 1.13.
B) 1.62.
C) 1.00.
D) 1.26.

Question

The financial statements of Black Barn Company are given below.  Note: The common shares are trading in the stock market for $40 each.
Refer to the financial statements of Black Barn Company. The firm's market-to-book value for 2009 is
A) 1.13. 
B) 1.62. 
C) 1.00. 
D) 1.26.

Quizplus · Accepted Answer

The Answer of The financial statements of Black Barn Company are given below.  Note: The common shares are trading in the stock market for $40 each.
Refer to the financial statements of Black Barn Company. The firm's market-to-book value for 2009 is
A) 1.13. 
B) 1.62. 
C) 1.00. 
D) 1.26.

The Financial Statements of Black Barn Company Are Given Below