The equity portion of the balance sheet for BusFin Inc.is show below. If the stock price is $30 per share, calculate the market book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $1,007.924 Capital surplus $1,476,958 Retained earnings 27.46 $1,919,506

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Question 34
The equity portion of the balance sheet for BusFin Inc.is shown
below. If the stock price is $30 per share, calculate the market to
book ratio.
Equity Portion of BusFinance Inc. Balance Sheet, 2022
Common stock ($0.25 par)
$1,007,924
Capital surplus
Retained earnings
27.46
41.32
48.67
30.00
13.73
$1,476,958
$1,919,506
Transcribed Image Text:Question 34 The equity portion of the balance sheet for BusFin Inc.is shown below. If the stock price is $30 per share, calculate the market to book ratio. Equity Portion of BusFinance Inc. Balance Sheet, 2022 Common stock ($0.25 par) $1,007,924 Capital surplus Retained earnings 27.46 41.32 48.67 30.00 13.73 $1,476,958 $1,919,506
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