Using the information below, calculate the firm's market-to-book ratio:

the current asset could be sold for their book value equals $10 million. fixed asset book value equals $60 million, they could be sold for $90 million today. firms' total debt book value equals $40 million, adding the interest rate the market value of debt equals $50 million.

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm