Edelman engines has 17 billion in total assets its balance, Ask an Expert

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Edelman Engines has $17 billion in total assets. Its balance sheet shows $1.7 billion in current liabilities, $10.2 billion in long-term debt, and $5.1 billion in common equity. It has 300 million shares of common stock outstanding, and its stock price is $20 per share. What is Edelman’s market/book ratio?

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