$50,000((5,000 shares) ckholders' equity $120,000 price per share 60 ferred stock $10,000 (1,000 shares) ets 150,000 the market/book (M/B) ratio? me: 50 one of the answers are correct

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Question 6
The following information has been taken from the X Company
Not yet
answered
Total common stock
$50,000((5,000 shares)
Marked out of
Total stockholders' equity
$120,000
2.00
Market price per share
60
P Flag question
Total preferred stock
$10,000 (1,000 shares)
Total assets
150,000
What is the market/book (M/B) ratio?
Select one:
O a. 7.5
O b. 2.3
O. 1.60
O d. 6
e. None of the answers are correct
Transcribed Image Text:Question 6 The following information has been taken from the X Company Not yet answered Total common stock $50,000((5,000 shares) Marked out of Total stockholders' equity $120,000 2.00 Market price per share 60 P Flag question Total preferred stock $10,000 (1,000 shares) Total assets 150,000 What is the market/book (M/B) ratio? Select one: O a. 7.5 O b. 2.3 O. 1.60 O d. 6 e. None of the answers are correct
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