D Question 34 The equity portion of the balance sheet for BusFin Inc.is shown below. If the stock price is $28 per share, calculate the market to book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $1,062,462 Capital surplus $1,888,902 Retained earnings $2,991,589 10.01 29.35 40.32 28.00 20.02 27
D Question 34 The equity portion of the balance sheet for BusFin Inc.is shown below. If the stock price is $28 per share, calculate the market to book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $1,062,462 Capital surplus $1,888,902 Retained earnings $2,991,589 10.01 29.35 40.32 28.00 20.02 27
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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