a firm has current assets that could be sold for their book value of $10 million. The book value of…

AC 315 (2 problems)
February 24, 2021
english
February 24, 2021

a firm has current assets that could be sold for their book value of $10 million. The book value of…

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?
 
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