Use the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $34.33 $30.92 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $7,461,807.07 $7,115,844.52 Based on the information given the price to book ratio for Blanc in 2019 is closest to: O A. 2.51 О В. 2.26 Ос. 2.45

Use the following information in the table below to answer the question: Blanc Blanc Financial Year ending 2018 2019 Market Price $34.33 $30.92 Total shares outstanding 5,000,000 5,000,000 Total shareholders' equity $63,000,000.00 $68,500,000.00 Net Income $7,461,807.07 $7,115,844.52 Based on the information given the price to book ratio for Blanc in 2019 is closest to: O A. 2.51 О В. 2.26 Ос. 2.45

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

Problem 1PS

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