Arizona State University FIN FIN MISC LeiMaterials’ balance sheet lists total assets of $1.23 billion, $128 million in currentliabilities, $453 million inlong-term debt, $649 million in
$128 million in current liabilities, $453 million in long-term debt, $649 million in common equity, and 53 million shares of common stock. If Lei’s current stock price is $52.15, what is the firm’s market-to-book ratio?
The market-to-book ratio is????
round two decimals
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