Wildcat Corporation recently disclosed the following financial information: Earnings $1,188,770 Assets $6,900,000 Liabilities $1,184,277 Shares outstanding 345,863 Market price $27.00 per share Based on current information, calculate the price-to-book ratio.

Wildcat Corporation recently disclosed the following financial information: Earnings $1,188,770 Assets $6,900,000 Liabilities $1,184,277 Shares outstanding 345,863 Market price $27.00 per share Based on current information, calculate the price-to-book ratio.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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