A Halifax firm has 1.6 million shares outstanding at a book value of $4.31 a share. The earnings per share are $0.32 and the price-earnings ratio is 24. What is the market-to-book ratio?
A) 1.64
B) 1.78
C) 1.83
D) 1.88
E) 1.92
Correct Answer:
Verified
Q114: You place an order with your broker
Q115: Ben and Jennie's wants to expand their
Q116: Merci Industries is selling 2,500 shares of
Q117: Tomas currently owns 300 shares of APP,
Q118: Programmers, Inc. is selling 1,500 shares of
Q120: Manvir Corporation currently has 120,000 shares outstanding
Q121: You would like to expand your firm's
Q122: Top Notch, Inc. is expanding and needs
Q123: Jones Men's Wear would like to expand
Q124: The Blackberry Co. plans on raising $10
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents