Market/book ratio
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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?
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The solution explains how to calculate the market/book ratio.
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