Common Stock.......... .....2,000,000 Retained Earnings........ .....6,000,000 If Simean has 1,000,000 shares outstandin

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answerhappygod
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Common Stock.......... .....2,000,000 Retained Earnings........ .....6,000,000 If Simean has 1,000,000 shares outstandin

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Common Stock.......... .....2,000,000
Retained Earnings........ .....6,000,000
If Simean has 1,000,000 shares outstanding and the most recent price quote for the stock is $10 per share, calculate the market value/book value ratio.
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