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Using the following information, determine the market-to-book ratio for Montreal Computing Power ...

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Using the following information, determine the market-to-book ratio for Montreal Computing Power ...

Using the following information, determine the market-to-book ratio for Montreal Computing Power Company.

Montreal Computing Power Company

Balance Sheet

Cash and marketable securities	$ 75	Accruals	$ 100
Inventory	350	Accounts payable	350
Prepaid expenses	150	Short-term debt	250
Other current assets	1,500	Other current liabilities	500
Net fixed assets	3,925	Long-term debt	2,800
		Shareholders' equity	2,000
Total assets	$6,000	Total liabilities and shareholders' equity	$6,000

Montreal Computing Power Company has 1,000 common shares outstanding. The shares were issued 10 years ago at $4 per share and currently trade at a price of $3. . Note that there are no preferred shares issued or outstanding.

▸ 0.667

▸ 1.400

▸ 0.933

▸ 1.500

Textbook

Corporate Finance

Edition: 5^th

Author: Booth

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