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

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answerhappygod
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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

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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 $300,000, but interest rate changes have
increased the value of the debt to a current market value of
$150,000. This firm's equity market-to-book ratio is ________.
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