Mathematics, 23.11.2019 02:31 sky724
Afirm has current assets that could be sold for their book value of $10 million. the book value of its fixed assets is $60 million, but they could be sold for $90 million today. the firm has total debt with a book value of $40 million, but interest rate declines have caused the market value of the debt to increase to $50 million. what is this firm’s market-to-book ratio? (round your answer to 2 decimal places.)
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Afirm has current assets that could be sold for their book value of $10 million. the book value of i...
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