The common stock of The Burger Hut is selling for $16.25 a share.The company has earnings per share of $0.42 and a book value per share of $9.28.What is the market-to-book ratio?
A)1.58
B)1.69
C)1.75
D)1.87
E)1.92

Name: The common stock of The Burger Hut is selling for $16.25 a share.The company has earnings per share of $0.42 and a book value per share of $9.28.What is the market-to-book ratio? A)1.58 B)1.69 C)1.75 D)1.87 E)1.92
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Quizplus · Accepted Answer

Market-to-book ratio = $16.25/$9.28 = 1.75

The Common Stock of the Burger Hut Is Selling for $16.25