The market-to-book ratio is 1.59%
<h3>How does market to book ratio work?</h3>
A financial valuation statistic called the Market to Book Ratio, commonly known as the Price to Book Ratio, is used to assess how a company's current market value compares to its book value. The current stock price of all outstanding shares represents the market value (i.e. the price that the market believes the company is worth).
<h3>How do you interpret a high market to book ratio?</h3>
A high book-to-market ratio could indicate that the stock of the company is being valued by the market below its book value. The price-to-book ratio, which is only the opposite of the book-to-market ratio formula, is well-known to investors.
learn more about market-to-book ratio here <u>brainly.com/question/14616549</u>
#SPJ4
Answer:
*** Cash $37,500
Explanation:
Optimum weight loss classified balance sheet .
Assets
Current assets
Cash $37,500
Account receivables $116,750
Prepaid insurance $7,200
Prepaid rent $21,000
Supplies $4,800
Total current assets $187,250
Non current assets
Equipment $474,150
Less
Accumulated depreciation $186,400
NBV $287,750
Land $300,000
Total non current assets
$587,750
Total assets
$775,000
Liabilities
Accounts payable $37,700
Salaries payable $9,000
Unearned fees $18,000
Total liabilities
$64,700
Equity
Common $75,000
Retained earnings $635,300
Total equity
$710,000
Total liabilities + equity
$710,300 + $64,700 = $775,000
Answer:
$0.70 per stock
Explanation:
before tax corporate income = $2.50 per stock
after tax corporate income = $2.50 x (1 - 30%) = $1.75 per stock
distributed dividends = $1.75 x 50% = $0.875 per stock
since the tax rate on dividends is 20%, then the after tax gain earned by stockholders is $0.875 x (1 - 20%) = $0.70 per stock
Some dividends are taxed as long term capital gains (like these), which decreases the tax rate paid by stockholders. If they were taxed at the normal income rate, the tax rate would have been 8% higher.
Answer:
The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash
Explanation:
The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.