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Business, 05.03.2020 17:47 joelpimentel

Chang, Inc.'s balance sheet shows a stockholders equity book value (total common equity) of $750,500. The firm's earnings per share were $3.00 resulting in a price/earnings ratio of 12.25x. There are 50,000 shares of common stock outstanding. What is the price/book ratio

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Chang, Inc.'s balance sheet shows a stockholders equity book value (total common equity) of $750,500...
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