Business, 17.02.2020 23:31 naiomireyes74p2aybs
Leonatti Labs’ year-end price on its common stock is $39.75. The firm has total assets of $31.00 million, debt ratio of 60 percent, no preferred stock, and 2 million shares of common stock outstanding. Calculate the market-to-book ratio for Leonatti Labs. (Do not round intermediate calculations and round your answer to 2 decimal places.)
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Leonatti Labs’ year-end price on its common stock is $39.75. The firm has total assets of $31.00 mil...
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