A firm has current assets that could be sold for their book value of $800,000. The book value of its fixed assets is $60
Posted: Thu Dec 23, 2021 9:06 am
A firm has current assets that could be sold for their book
value of $800,000. The book value of its fixed assets is $600,000,
but they could be sold for $700,000 today. The firm has total debt
at a book value of $150,000, but interest rate changes have
increased the value of the debt to a current market value of
$300,000. This firm's equity market-to-book ratio is ________.
value of $800,000. The book value of its fixed assets is $600,000,
but they could be sold for $700,000 today. The firm has total debt
at a book value of $150,000, but interest rate changes have
increased the value of the debt to a current market value of
$300,000. This firm's equity market-to-book ratio is ________.