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Business, 19.12.2019 02:31 aschunyhung

Jericho motors has $4 billion in total assets. the other side of its balance sheet consists of $0.4 billion in current liabilities, $1.2 billion in long-term debt, and $2.4 billion in common equity. the company has 500 million shares of common stock outstanding, and its stock price is $25 per share. what is jericho’s market-to-book ratio?

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Jericho motors has $4 billion in total assets. the other side of its balance sheet consists of $0.4...
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