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Lory company has a total debt to total assets ratio of 45

Lory Company has a total debt to total assets ratio of 45% and a current ratio of 4.1. The firm's stock sells for $16.3 per share. The total market value of the equity is $62.4 million. The market-to-book ratio is 1.6. What is the book value per share?

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Business Management: Lory company has a total debt to total assets ratio of 45

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Business Management: Lory company has a total debt to total assets ratio of 45

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