SlideShare a Scribd company logo
1 of 1
Download to read offline
4. Jaster Jets has $10 billion in total 'assets. Its balance sheet shows $1 billion in current
liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million
shares of common stock outstanding, and its stock price is $32 per share. What is Taster's
market/book ratio?
Solution
Market value of shares:
= 800 million×$32
= $25,600 million
Book value of equity:
= $10,000 million-$1,000 million-$3,000 million
= $6,000 million
Market to book ratio:
= $25,600 million/$6,000 million
= 4.27 times

More Related Content

More from montybachawat

Can someone explain why the correct answer is D and while the other .pdf
Can someone explain why the correct answer is D and while the other .pdfCan someone explain why the correct answer is D and while the other .pdf
Can someone explain why the correct answer is D and while the other .pdfmontybachawat
 
At what layer of the OSI model would you find framingA. Transport.pdf
At what layer of the OSI model would you find framingA. Transport.pdfAt what layer of the OSI model would you find framingA. Transport.pdf
At what layer of the OSI model would you find framingA. Transport.pdfmontybachawat
 
You get a call from a home computer user saying her computer is very.pdf
You get a call from a home computer user saying her computer is very.pdfYou get a call from a home computer user saying her computer is very.pdf
You get a call from a home computer user saying her computer is very.pdfmontybachawat
 
Trace the path the red blood cell would take as it travels between t.pdf
Trace the path the red blood cell would take as it travels between t.pdfTrace the path the red blood cell would take as it travels between t.pdf
Trace the path the red blood cell would take as it travels between t.pdfmontybachawat
 
Which of the following represents a difference between viruses and vi.pdf
Which of the following represents a difference between viruses and vi.pdfWhich of the following represents a difference between viruses and vi.pdf
Which of the following represents a difference between viruses and vi.pdfmontybachawat
 
What is Impact Factor Derive a relationship between static and Dynam.pdf
What is Impact Factor Derive a relationship between static and Dynam.pdfWhat is Impact Factor Derive a relationship between static and Dynam.pdf
What is Impact Factor Derive a relationship between static and Dynam.pdfmontybachawat
 
What happens when a non-native species (plant or animal) is introduc.pdf
What happens when a non-native species (plant or animal) is introduc.pdfWhat happens when a non-native species (plant or animal) is introduc.pdf
What happens when a non-native species (plant or animal) is introduc.pdfmontybachawat
 
What are the techniques used in nanomanifacturing What are th.pdf
What are the techniques used in nanomanifacturing  What are th.pdfWhat are the techniques used in nanomanifacturing  What are th.pdf
What are the techniques used in nanomanifacturing What are th.pdfmontybachawat
 
What is the definition of hybrid system Could you give an example o.pdf
What is the definition of hybrid system Could you give an example o.pdfWhat is the definition of hybrid system Could you give an example o.pdf
What is the definition of hybrid system Could you give an example o.pdfmontybachawat
 
Using the phylogeny shown, which of the following is a shared derived.pdf
Using the phylogeny shown, which of the following is a shared derived.pdfUsing the phylogeny shown, which of the following is a shared derived.pdf
Using the phylogeny shown, which of the following is a shared derived.pdfmontybachawat
 
The systemic circuit delivers oxygenated blood to _ and returns blo.pdf
The systemic circuit delivers oxygenated blood to _ and returns blo.pdfThe systemic circuit delivers oxygenated blood to _ and returns blo.pdf
The systemic circuit delivers oxygenated blood to _ and returns blo.pdfmontybachawat
 
Categories. Use the .05 significance levelWhat is the null hypothe.pdf
Categories. Use the .05 significance levelWhat is the null hypothe.pdfCategories. Use the .05 significance levelWhat is the null hypothe.pdf
Categories. Use the .05 significance levelWhat is the null hypothe.pdfmontybachawat
 
Assume that a new type called POINT has been defined- it is a structu.pdf
Assume that a new type called POINT has been defined- it is a structu.pdfAssume that a new type called POINT has been defined- it is a structu.pdf
Assume that a new type called POINT has been defined- it is a structu.pdfmontybachawat
 
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdfmontybachawat
 
A population of rodents contained 703 individuals at the end of Ma.pdf
A population of rodents contained 703 individuals at the end of Ma.pdfA population of rodents contained 703 individuals at the end of Ma.pdf
A population of rodents contained 703 individuals at the end of Ma.pdfmontybachawat
 
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdfmontybachawat
 
Some parents refuse to have children vaccinated. Should these par.pdf
Some parents refuse to have children vaccinated. Should these par.pdfSome parents refuse to have children vaccinated. Should these par.pdf
Some parents refuse to have children vaccinated. Should these par.pdfmontybachawat
 
RNA processing 1. Pretend the following string of letters is a seque.pdf
RNA processing 1. Pretend the following string of letters is a seque.pdfRNA processing 1. Pretend the following string of letters is a seque.pdf
RNA processing 1. Pretend the following string of letters is a seque.pdfmontybachawat
 
please helpViruses are classified into which one of the three Doma.pdf
please helpViruses are classified into which one of the three Doma.pdfplease helpViruses are classified into which one of the three Doma.pdf
please helpViruses are classified into which one of the three Doma.pdfmontybachawat
 
1) Why does a fetal pig have anything in its intestine2) Are ther.pdf
1) Why does a fetal pig have anything in its intestine2) Are ther.pdf1) Why does a fetal pig have anything in its intestine2) Are ther.pdf
1) Why does a fetal pig have anything in its intestine2) Are ther.pdfmontybachawat
 

More from montybachawat (20)

Can someone explain why the correct answer is D and while the other .pdf
Can someone explain why the correct answer is D and while the other .pdfCan someone explain why the correct answer is D and while the other .pdf
Can someone explain why the correct answer is D and while the other .pdf
 
At what layer of the OSI model would you find framingA. Transport.pdf
At what layer of the OSI model would you find framingA. Transport.pdfAt what layer of the OSI model would you find framingA. Transport.pdf
At what layer of the OSI model would you find framingA. Transport.pdf
 
You get a call from a home computer user saying her computer is very.pdf
You get a call from a home computer user saying her computer is very.pdfYou get a call from a home computer user saying her computer is very.pdf
You get a call from a home computer user saying her computer is very.pdf
 
Trace the path the red blood cell would take as it travels between t.pdf
Trace the path the red blood cell would take as it travels between t.pdfTrace the path the red blood cell would take as it travels between t.pdf
Trace the path the red blood cell would take as it travels between t.pdf
 
Which of the following represents a difference between viruses and vi.pdf
Which of the following represents a difference between viruses and vi.pdfWhich of the following represents a difference between viruses and vi.pdf
Which of the following represents a difference between viruses and vi.pdf
 
What is Impact Factor Derive a relationship between static and Dynam.pdf
What is Impact Factor Derive a relationship between static and Dynam.pdfWhat is Impact Factor Derive a relationship between static and Dynam.pdf
What is Impact Factor Derive a relationship between static and Dynam.pdf
 
What happens when a non-native species (plant or animal) is introduc.pdf
What happens when a non-native species (plant or animal) is introduc.pdfWhat happens when a non-native species (plant or animal) is introduc.pdf
What happens when a non-native species (plant or animal) is introduc.pdf
 
What are the techniques used in nanomanifacturing What are th.pdf
What are the techniques used in nanomanifacturing  What are th.pdfWhat are the techniques used in nanomanifacturing  What are th.pdf
What are the techniques used in nanomanifacturing What are th.pdf
 
What is the definition of hybrid system Could you give an example o.pdf
What is the definition of hybrid system Could you give an example o.pdfWhat is the definition of hybrid system Could you give an example o.pdf
What is the definition of hybrid system Could you give an example o.pdf
 
Using the phylogeny shown, which of the following is a shared derived.pdf
Using the phylogeny shown, which of the following is a shared derived.pdfUsing the phylogeny shown, which of the following is a shared derived.pdf
Using the phylogeny shown, which of the following is a shared derived.pdf
 
The systemic circuit delivers oxygenated blood to _ and returns blo.pdf
The systemic circuit delivers oxygenated blood to _ and returns blo.pdfThe systemic circuit delivers oxygenated blood to _ and returns blo.pdf
The systemic circuit delivers oxygenated blood to _ and returns blo.pdf
 
Categories. Use the .05 significance levelWhat is the null hypothe.pdf
Categories. Use the .05 significance levelWhat is the null hypothe.pdfCategories. Use the .05 significance levelWhat is the null hypothe.pdf
Categories. Use the .05 significance levelWhat is the null hypothe.pdf
 
Assume that a new type called POINT has been defined- it is a structu.pdf
Assume that a new type called POINT has been defined- it is a structu.pdfAssume that a new type called POINT has been defined- it is a structu.pdf
Assume that a new type called POINT has been defined- it is a structu.pdf
 
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf
58,59,60 Where is smooth endoplasmic reticulum (SER) especially abun.pdf
 
A population of rodents contained 703 individuals at the end of Ma.pdf
A population of rodents contained 703 individuals at the end of Ma.pdfA population of rodents contained 703 individuals at the end of Ma.pdf
A population of rodents contained 703 individuals at the end of Ma.pdf
 
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf
4. What are “releasing hormones” …”inhibiting hormones” where do t.pdf
 
Some parents refuse to have children vaccinated. Should these par.pdf
Some parents refuse to have children vaccinated. Should these par.pdfSome parents refuse to have children vaccinated. Should these par.pdf
Some parents refuse to have children vaccinated. Should these par.pdf
 
RNA processing 1. Pretend the following string of letters is a seque.pdf
RNA processing 1. Pretend the following string of letters is a seque.pdfRNA processing 1. Pretend the following string of letters is a seque.pdf
RNA processing 1. Pretend the following string of letters is a seque.pdf
 
please helpViruses are classified into which one of the three Doma.pdf
please helpViruses are classified into which one of the three Doma.pdfplease helpViruses are classified into which one of the three Doma.pdf
please helpViruses are classified into which one of the three Doma.pdf
 
1) Why does a fetal pig have anything in its intestine2) Are ther.pdf
1) Why does a fetal pig have anything in its intestine2) Are ther.pdf1) Why does a fetal pig have anything in its intestine2) Are ther.pdf
1) Why does a fetal pig have anything in its intestine2) Are ther.pdf
 

Recently uploaded

Book Review of Run For Your Life Powerpoint
Book Review of Run For Your Life PowerpointBook Review of Run For Your Life Powerpoint
Book Review of Run For Your Life Powerpoint23600690
 
Trauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical PrinciplesTrauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical PrinciplesPooky Knightsmith
 
The Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDFThe Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDFVivekanand Anglo Vedic Academy
 
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSean M. Fox
 
diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....Ritu480198
 
Graduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptxGraduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptxneillewis46
 
UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024Borja Sotomayor
 
An Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge AppAn Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge AppCeline George
 
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...EADTU
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsSandeep D Chaudhary
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...Gary Wood
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptNishitharanjan Rout
 
Basic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of TransportBasic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of TransportDenish Jangid
 
ANTI PARKISON DRUGS.pptx
ANTI         PARKISON          DRUGS.pptxANTI         PARKISON          DRUGS.pptx
ANTI PARKISON DRUGS.pptxPoojaSen20
 
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文中 央社
 
8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital Management8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital ManagementMBA Assignment Experts
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...EduSkills OECD
 

Recently uploaded (20)

Book Review of Run For Your Life Powerpoint
Book Review of Run For Your Life PowerpointBook Review of Run For Your Life Powerpoint
Book Review of Run For Your Life Powerpoint
 
Trauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical PrinciplesTrauma-Informed Leadership - Five Practical Principles
Trauma-Informed Leadership - Five Practical Principles
 
VAMOS CUIDAR DO NOSSO PLANETA! .
VAMOS CUIDAR DO NOSSO PLANETA!                    .VAMOS CUIDAR DO NOSSO PLANETA!                    .
VAMOS CUIDAR DO NOSSO PLANETA! .
 
The Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDFThe Story of Village Palampur Class 9 Free Study Material PDF
The Story of Village Palampur Class 9 Free Study Material PDF
 
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading RoomSternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
Sternal Fractures & Dislocations - EMGuidewire Radiology Reading Room
 
diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....diagnosting testing bsc 2nd sem.pptx....
diagnosting testing bsc 2nd sem.pptx....
 
Including Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdfIncluding Mental Health Support in Project Delivery, 14 May.pdf
Including Mental Health Support in Project Delivery, 14 May.pdf
 
Graduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptxGraduate Outcomes Presentation Slides - English (v3).pptx
Graduate Outcomes Presentation Slides - English (v3).pptx
 
ESSENTIAL of (CS/IT/IS) class 07 (Networks)
ESSENTIAL of (CS/IT/IS) class 07 (Networks)ESSENTIAL of (CS/IT/IS) class 07 (Networks)
ESSENTIAL of (CS/IT/IS) class 07 (Networks)
 
UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024UChicago CMSC 23320 - The Best Commit Messages of 2024
UChicago CMSC 23320 - The Best Commit Messages of 2024
 
An Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge AppAn Overview of the Odoo 17 Knowledge App
An Overview of the Odoo 17 Knowledge App
 
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
 
OSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & SystemsOSCM Unit 2_Operations Processes & Systems
OSCM Unit 2_Operations Processes & Systems
 
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...When Quality Assurance Meets Innovation in Higher Education - Report launch w...
When Quality Assurance Meets Innovation in Higher Education - Report launch w...
 
AIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.pptAIM of Education-Teachers Training-2024.ppt
AIM of Education-Teachers Training-2024.ppt
 
Basic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of TransportBasic Civil Engineering notes on Transportation Engineering & Modes of Transport
Basic Civil Engineering notes on Transportation Engineering & Modes of Transport
 
ANTI PARKISON DRUGS.pptx
ANTI         PARKISON          DRUGS.pptxANTI         PARKISON          DRUGS.pptx
ANTI PARKISON DRUGS.pptx
 
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文會考英文
 
8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital Management8 Tips for Effective Working Capital Management
8 Tips for Effective Working Capital Management
 
Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...Andreas Schleicher presents at the launch of What does child empowerment mean...
Andreas Schleicher presents at the launch of What does child empowerment mean...
 

4. Jaster Jets has $10 billion in total assets. Its balance sheet s.pdf

  • 1. 4. Jaster Jets has $10 billion in total 'assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding, and its stock price is $32 per share. What is Taster's market/book ratio? Solution Market value of shares: = 800 million×$32 = $25,600 million Book value of equity: = $10,000 million-$1,000 million-$3,000 million = $6,000 million Market to book ratio: = $25,600 million/$6,000 million = 4.27 times