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Business, 19.02.2020 16:36 josephmelichar777

Chang, Inc.'s balance sheet shows a stockholders' equity book value (total common equity) of $751 comma 200. The firm's earnings per share is $2.96, resulting in a price/earnings ratio of 12.82X. There are 51,000 shares of common stock outstanding. What is the price/book ratio? What does this indicate about how shareholders view Chang, Inc?

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Chang, Inc.'s balance sheet shows a stockholders' equity book value (total common equity) of $751 co...
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