The total market value of the equity is 588 million the, Financial Management

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The total market value of the equity is 588 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 $ 42.0 per share. The total market value of the equity is $ 58.8 million. The market-to-book ratio is 5.3. 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 588 million the

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