Question: Price of "Cash" and Price of the Operation s: Realnet works, Inc. (Easy) In October 2008, the 142,562 thousand outstanding shares of Realnet works, Inc., traded at $3.96 each. The most recent quarterly balance sheet reported $454 million in net financial assets and $876 million in common shareholders; equity.
a. What is the price-to-book ratio for the firms equity?
b. What is the book value of the firms net operating assets?
c. At what price is the market valuing the business operations?