Edelman market-book ratio

Assignment Help Finance Basics
Reference no: EM131493503

MARKET/BOOK RATIO

Edelman Engines has $11 billion in total assets. Its balance sheet shows $2.2 billion in current liabilities, $8.25 billion in long-term debt, and $0.55 billion in common equity. It has 600 million shares of common stock outstanding, and its stock price is $23 per share. What is Edelman's market/book ratio? Round your answer to two decimal places.

Reference no: EM131493503

Questions Cloud

How change to its organizational structure might have impact : Offer one such organization that has not been used as an example so far, and discuss how changes to its organizational structure might have an impact?
Loan amortization and ear : The loan will be fully amortized over 5 years (60 months), and the nominal interest rate will be 6% with interest paid monthly.
Describe the differences in marriage and family life : Describe the differences in marriage and family life that are linked to class, race, gender, and personal choice
How does the repertoire chosen relate to issues of race : How does the repertoire you've chosen relate to issues of race, class, gender, sexuality, or other definers of identity?
Edelman market-book ratio : It has 600 million shares of common stock outstanding, and its stock price is $23 per share. What is Edelman's market/book ratio?
About the changes in the operating cycle : Changes in the Operating Cycle-Indicate the effect that the following will have on the operating cycle.
What is the project payback : What is the project's payback? Round your answer to two decimal places.
Definition critical to the decision-making process : Why is accurate problem definition critical to the decision-making process?
Light of the country recent recession : Hypothesize to the overall health and safety of pension funds in light of the country's recent recession.

Reviews

Write a Review

Finance Basics Questions & Answers

  Find what is each projects mirr at the cost of capital

If each project's cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice? What is each project's MIRR at the cost of capital of 10%?

  Determining the resulting in equity

The amount of equity invested is therefore equal to the purchase price of one million less the amount of loan and sale value of the land, resulting in equity of $270,000. Advice whether the developer can prefer the leasing or not provided his..

  What is the nal of the lease

Big Sky Mining has no use for the machine beyond the expiration of the lease, and the machine has an estimated residual value of $200,000 at the end of the 4th year.

  Entered into a surplus-share reinsurance

Delta Insurance is a property insurer that entered into a surplus-share reinsurance treaty with Ever safe Re. Delta has a retention limit of $200,000 on any single building, and up to nine lines of insurance may be ceded to Ever safe Re. A buildin..

  What is the cash conversion cycle for ridge company?

What is the cash conversion cycle for Ridge Company?

  Number of various logistics reports

The CEO expects you to be providing a number of various logistics reports and recommendations to her. She has asked you to prepare a chart on 1-2 pages of frequently used logistics techniques. To demonstrate your understanding of the breadth and d..

  Discuss ways to discourage or prevent myopic behavior

If budget performance is overemphasized, myopic behavior can occur where a manager takes actions that improve budgetary performance in the short run but cause long run harm to the firm. Give at least two examples of myopic behavior that might be enco..

  Will the buyer succeed in recovering the excess

he buyer didn't commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess.

  What is the operating income

a. What is the operating income (EBIT) for both firms? b. What are the earnings after interest?

  Determine the mean and standard deviation

Suppose the rainfalls are sampled during randomly picked years and x is the mean amount of rain in these years. For samples of size 36, determine the mean and standard deviation of x.

  Print it green inc is a manufacturer of recycled printing

print it green inc. is a manufacturer of recycled printing supplies. the company began operations on 1012008 and is

  Publicly traded stock symbol

The plublic company choosen is General Electric Co. include the publicly traded stock symbol.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd