a firm has current assets that could be sold for their book value of $10 million. The book value of…
August 9th, 2022
a firm has current assets that could be sold for their book value of $10 million. The book value of its fixed assets is $60 million,but they could be sold for $90 million today the firm has total debt with a book value of $40 million but interest rate declines have caused the market value of the debt to increase to $50 million. what is the firms market to book ratio?