ASSETS CASH 000T ACCOUNT RECEIVABLE 000 INVENTORY 000 TOTAL CURRENT ASSETS 000 LIABILITIES ACCOUNT PAYABLE 000 CURRENT LONG TERM DEBT TOTAL CURRENT LIABILITIES 000T LONG TERM DEBTS 000 TOTAL LIABILITIES 1500 OWNERS EQUITY 000
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Gary corporation has a price to book ratio of 1.2 and have 100,000 shares outstanding. Consider the following information( in Thousands)( in attached image).
a)Calculate the stock price using the price to book ratio.
b) If their stock price is listed on the stock market at $23 , should stock holder sell or hold the stock?
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Solved in 4 steps with 2 images
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- LC6Q 3) The payment is a partial payment of the cash price paid at the time of sale. Mortgage Cash Installment DownWarranty liabilities, professional fees, and debt guarantees are examples of: common types of long-term assets common types of payroll liabilities common types of legendary Pokémon common types of contingent liabilitiesCHAPTER 2 ASSIGNMENT Your client is having trouble figuring out where all her money goes each month. Here is her financial information for you to review: $355* STOCKS IN BROKERAGE ACCT $5,500 MASTER CARD BILL $245* MONTHLY PAYCHECK (GROSS) $3,000 PAYROLL TAX WITHHELD $ 600 MONTHLY MORTGAGE PAYMENT $530 MUTUAL FUNDS $2,100 401(K) RETIREMENT ACCT $4,500 $265 $275* SAVINGS ACCT BALANCE $2,300 MONTHLY CLOTHING EXPENSES $45 MONTHLY VISA BILL MONTHLY CAR PAYMENT MONTHLY UTILITY BILL CHECKING ACCOUNT BALANCE QUARTERLY AUTO INSURANCE (NOT YET DUE) ANTIQUE COIN COLLECTION CONDOMINIUM MONTHLY GROCERIES AUTOMOBILE FURNITURE MORTGAGE BALANCE AUTO LOAN BALANCE OTHER PERSONAL PROPERTY OTHER MONTHLY CASH EXPENSES ANNUAL MEDICAL EXPENSES *Bills represent the average of the prior month's charges AND ALSO current month's expenses. $825 $450 $3,250 $65,000 $225 $9,000 $5,500 $50,000 $4,225 $8,000 $150 $264