Winston watch's stock price is $70 per share. winston has $10 billion in total assets. its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. it has 400 million shares of common stock outstanding. what is winston's market/book ratio? do not round intermediate calculations. round your answer to two decimal places.

The Market/book ratio is 5.67.

Explanation:

Book value per share = (common equity)/(number of shares)

                                    = ($ 6 billion)/($ 400million )

                                    = $ 15 per share

Market/book ratio = (market price per share)/(book value per share

                               = $75/$15

                               = 5.00

Therefore, the Market/book ratio is 5.67.

answer; /// the best answer to the above question is; the main economic goal that a society consider when deciding the best way to distribute its wealth is equity, this to ensure that all resources are equally distributed; ///(a) (economic equity)

answer; (a) calling people who have not shown interest in the product and asking them to buy it;