What is book value per share

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Reference no: EM131838328

Lory Company has a total debt to total assets ratio of 45% and a current ratio of 4.1. The firm's stock sells for $ 7.2 per share. The total market value of the equity is $ 40.9 million. The market-to-book ratio is 1.9 . What is the book value per share? Show your answer to the nearest $.01. Do not use the $ symbol in your answer, thus if your answer is $2.80 enter 2.80.

Reference no: EM131838328

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