The total market value of the equity is 409 million the, Financial Management

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The total market value of the equity is 409 million the

Lory Company has a total debt to total assets ratio of 45% and a current ratio of 4.1. The firm's stock sells for $ 7.2 per share. The total market value of the equity is $ 40.9 million. The market-to-book ratio is 1.9 . What is the book value per share? Show your answer to the nearest $.01. Do not use the $ symbol in your answer, thus if your answer is $2.80 enter 2.80.

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Financial Management: The total market value of the equity is 409 million the

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