Determining the market and book ratio


Winstoms Washer's stock price is $75 per share. Winston has 10 billion dollars in total assests. Its balance sheet shows $1 billion in current libilities, #3 billion in long-term debt, and $ 6 billion in common eqity. I t has 800 million shares of common stock outstanding. What is Winston's market/book ratio?

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Finance Basics: Determining the market and book ratio
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