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