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QUESTION
Market Book/Ratio Jaster Jets has 10 Billion in total assets. Its balance sheet shows 1 billion in current liabiltitis, 3 billion in long term debt,...
Market Book/Ratio Jaster Jets has 10 Billion in total assets. Its balance sheet shows 1 billion in current liabiltitis, 3 billion in long term debt, and 6 billion in common equity. I has 800 million shares of common stock outstanding, and its stock price is $32 per share. What is Jasters market book value?
