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ABC's balance sheet indicates a book value of shareholders' equity of $807,201. The firm's earning per share are $3 and the price-earnings ratio is 10.88. If there are 51,973 shares outstanding, what is the market-to-book ratio?
Accounting Basics, Accounting
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Accounting Ratios 1. Pick a ratio and describe how it is figured. Then discuss what this ratio tells us about an organization. Financial Statement Analysis author's Corners Video 2. What are the main objectives of ratio ...
Practice questions: Why is a balance sheet claimed to be a statement of the financial position of a business? What limitations do you think it has?
Practice questions: What problems might arise in recording direct labour costs and how would you attempt to remedy them?
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