Explore BrainMass

Explore BrainMass

    Market/Book Ratio of Winston Washers

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Winston Washers' stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston's market/book ratio?

    © BrainMass Inc. brainmass.com June 3, 2020, 10:31 pm ad1c9bdddf
    https://brainmass.com/business/financial-ratios/market-book-ratio-of-winston-washers-234959

    Solution Summary

    The solution explains how to calculate the market/book ratio of the company using step by step, simple equations.

    $2.19

    ADVERTISEMENT