(Market value analysis) Lei Materials' balance sheet lists total assets of $ 1.37 billion, $ 186 million in current liabili
1 answer:
Answer:
Market-to-book ratio=3.44591 times
Explanation:
Give data:
Total assets=$1.37 billion
Current liabilities=$186 m
Long term debt=$414 m
Common Equity=$770 m
Number of share of common stock= 57 m
Current stock price=$46.55
Required:
the firm's market-to-book ratio=?
Solution:
We will calculate the book value of each share:
Book value per share=
Book value per share=
Book value per share=$13.50877
Market-to-book ratio=
Market-to-book ratio=
Market-to-book ratio=3.44591 times
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Explanation:
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Answer:
Interest in 5 years will be $1418.07 which is near about $1420
So option (D) will be correct answer
Explanation:
We have given amount invested, that is principal amount P = $5000
Rate of interest r = 5 %
Time taken t = 5 years
As interest is compounded monthly so rate of interest
And time period n = 12×5 = 60 period
So total amount after 5 year will be equal to
We have to find the interest
Interest will be equal to = total amount - principal amount = $6418.07 - $5000 = $1418.07
Which is near about $1420 so option (D) will be correct answer