A firm has 12,000 shares of stock outstanding,sales of $638,100,a profit margin of 8.2 percent,a tax rate of 21 percent,a price-earnings ratio of 11.3,and a book value per share of $7.98.What is the market-to-book ratio?

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The Answer of A firm has 12,000 shares of stock outstanding,sales of $638,100,a profit margin of 8.2 percent,a tax rate of 21 percent,a price-earnings ratio of 11.3,and a book value per share of $7.98.What is the market-to-book ratio?

A Firm Has 12,000 Shares of Stock Outstanding,sales of $638,100,a