What is the book value per share for a firm with 2 million shares outstanding at a price of $50, a market-to-book ratio of .75, and a dividend payout ratio of 50 percent?
A) $33.33
B) $37.50
C) $62.50
D) $66.67 market-to-book ratio = stock price/book value per share
) 75 = $50/book value per share
Correct Answer:
Verified
Q53: Instead of increasing its long-term debt by
Q54: What is the ROE for a firm
Q55: A company with long-term debt of 80,
Q56: Which of the following choices would be
Q57: What is the residual income or EVA
Q59: The use of financial leverage will be
Q60: Efficiency ratios:
A)Include the quick-ratio, asset turnover ratio,
Q62: Cindex Corporation had total capitalization of $500
Q67: An asset turnover ratio of 1.75 can
Q88: Calculate the average collection period for Dotte
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