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Business, 07.08.2019 02:30 patience233

Chang, inc.'s balance sheet shows a stockholders' equity-book value (total common equity) of $750 comma 500. the firm's earnings per share is $3.00, resulting in a price/earnings ratio of 12.25x. there are 50 comma 000 shares of common stock outstanding. what is the price/book ratio? what does this indicate about how shareholders view chang, inc.? the price/book ratio is

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