ABD common stock is selling for $36.08 a share.The company has earnings per share of $.34 and a book value per share of $12.19.What is the market-to-book ratio?
A)8.71
B)7.69
C)2.96
D)3.97
E)5.92

Question

Quizplus · Accepted Answer

The Answer of ABD common stock is selling for $36.08 a share.The company has earnings per share of $.34 and a book value per share of $12.19.What is the market-to-book ratio?
A)8.71
B)7.69
C)2.96
D)3.97
E)5.92

ABD Common Stock Is Selling for $36