It has 450 million shares of common stock outstanding what, Financial Management

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It has 450 million shares of common stock outstanding what

Winston Washers' stock price is $60 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 450 million shares of common stock outstanding. What is Winston's market/book ratio? Round your answer to two decimal places. Do not round intermediate calculations

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