The equity portion of the balance sheet for BusFinance Inc. for the year 2022 is shown in the table below. If the stock price of BusFinance Inc. is $25 per share, calculate the market to book ratio.   Equity Portion of BusFinance Inc. Balance Sheet, 2022   Common stock ($0.25 par) $2,500,000   Capital surplus $4,000,000   Retained earnings $3,555,000

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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The equity portion of the balance sheet for BusFinance Inc. for the year 2022 is shown in the table below. If the stock price of BusFinance Inc. is $25 per share, calculate the market to book ratio.

 

Equity Portion of BusFinance Inc. Balance Sheet, 2022

 

Common stock ($0.25 par) $2,500,000

 

Capital surplus $4,000,000

 

Retained earnings $3,555,000

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