Market to Book ratio
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Winston Washer's 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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Solution Summary
The solution computes market to book ratio for Winston Washers.
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