Market value ratios lab r doors year-end price on its, Financial Management

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Market value ratios lab r doors year-end price on its

Market Value Ratios Lab R Doors' year-end price on its common stock is $58. The firm has total assets of $78 million, the debt ratio is 52%, no preferred stock, and there are 4.3 million shares of common stock outstanding. Calculate the market-to-book ratio for Lab R Doors.

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