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Business, 17.04.2020 01:34 mokunola16

Edelman Engines has $11 billion in total assets. Its balance sheet shows $1.1 billion in current liabilities, $7.7 billion in long-term debt, and $2.2 billion in common equity. It has 900 million shares of common stock outstanding, and its stock price is $25 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.

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Edelman Engines has $11 billion in total assets. Its balance sheet shows $1.1 billion in current lia...
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