Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Market to Book ratio is:
A) 0.15
B) 0.51
C) 6.57
D) 0.90

Question

Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Market to Book ratio is:
A) 0.15 
B) 0.51 
C) 6.57 
D) 0.90

Quizplus · Accepted Answer

The Answer of  Shares outstanding of common stock = 1,000,000 
Shares outstanding of preferred stock = 500,000 
Market price of common stock = $18.
-The Market to Book ratio is:
A) 0.15 
B) 0.51 
C) 6.57 
D) 0.90

Shares Outstanding of Common Stock = 1,000,000