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It has 900 million shares of common stock outstanding and

Jaster Jets has $12 billion in total assets. Its balance sheet shows $1.2 billion in current liabilities, $6.6 billion in long-term debt, and $4.2 billion in common equity. It has 900 million shares of common stock outstanding, and its stock price is $29 per share. What is Jaster's market/book ratio? Round your answer to two decimal places.

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Finance Basics: It has 900 million shares of common stock outstanding and

Reference No:- TGS0606124

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Calculate the grams of potassium hydrogen phthalate

Q : You are buying a sofa you will pay 200 today and make three

Q : Imagine that you are the director of the admitting

Q : An iceboat is gliding on a frozen lake with no propulsive

Q : It has 900 million shares of common stock outstanding and

Q : Calculate the volume of approximately 37 wt hcl that should

Q : What are the steps in the juvenile justice process that

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: It has 900 million shares of common stock outstanding and

Reference No:- TGS0606124

Recent Questions Asked Finance Basics

Q : Calculate the grams of potassium hydrogen phthalate

Q : You are buying a sofa you will pay 200 today and make three

Q : Imagine that you are the director of the admitting

Q : An iceboat is gliding on a frozen lake with no propulsive

Q : It has 900 million shares of common stock outstanding and

Q : Calculate the volume of approximately 37 wt hcl that should

Q : What are the steps in the juvenile justice process that

Q : A copper rod 20 cm long having a cross-sectional area of 70

Q : Basic earning power duval manufacturing recently reported

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