Winston Watch’s stock price is $75 per share. Winston has $10 billionin total assets. Its balance sheet shows $1 billion in current liabilities,$3 billion in long-term debt, and $6 billion in common equity. It has800 million shares of common stock outstanding. What is Winston’smarket/book ratio?

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Chapter1: Investments: Background And Issues
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Winston Watch’s stock price is $75 per share. Winston has $10 billion
in total assets. Its balance sheet shows $1 billion in current liabilities,
$3 billion in long-term debt, and $6 billion in common equity. It has
800 million shares of common stock outstanding. What is Winston’s
market/book ratio?

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