What is jasters marketbook


Jaster Jets has $5 billion in total assets. Its balance sheet shows $0.25 billion in current liabilities, $2.5 billion in long-term debt, and $2.25 billion in common equity. It has 700 million shares of common stock outstanding, and its stock price is $27 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is jasters marketbook
Reference No:- TGS02621638

Expected delivery within 24 Hours