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Compute the calman book value of equity

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Reference no: EM133187093

Question - In June 2021, Calman Co. had a share price of £49.10, a market-to-book ratio of 4.16, and 56.7 million shares outstanding. In addition, Calman had £750 million of total liabilities, £170.1 million in net income, and cash of £255 million. Compute the Calman's book value of equity?

a. £952.2 million

b. £669.2 million

c. £11.58 billion

d. £2.03 billion

Reference no: EM133187093

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