Toni and Felix are considering buying stock. They would like to purchase 600 shares of Sudsy Soap stock at $35 a share. Sudsy Soap had the following figures for the past year:
-What is Sudsy Soap's price-to-book ratio?
A) 0.5
B) 0.9
C) 1.5
D) 2.0
Correct Answer:
Verified
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