FI515 Financial Management 3-3 (Market Book Ratio) - Winston Washers’s stock price

FI515 Financial Management

(3-3) Market/Book Ratio
Winston Washers’s stock price is $75 per share. Winston has $10 billion in total assets. Its balance sheet shows $1 billion in current liabilities, $3 billion in long-term debt, and $6 billion in common equity. It has 800 million shares of common stock outstanding. What is Winston’s market/book ratio?
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