Toms incs balance sheet shows a stockholders equity-book, Ask an Expert

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Toms Inc.'s balance sheet shows a stockholders' equity-book value of $3,000,000. The firms earnings per share was $8.25, resulting in a price to earnings ratio of 25.5. There are 500,000 shares outstanding. Calculate the firm's price to book ratio. (Round to 2 decimals) please show work.

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Financial Management, Finance

Category:- Financial Management
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