A companys lenders are typically commercial banks They help

A company’s lenders are typically commercial banks. They help the company with such activities as lines of credit and other short-term financial assistance. Investment banks help companies raise capital. For example, they help companies create securities that are attractive to investors, then purchase these securities from the company, and then resell them to savers. The U.S. Securities and Exchange Commission (SEC) is a significant regulator of publicly-traded companies.

QUESTION

What\'s Apple\'s Price/Book ratio??

Solution

Price/book ratio = market value of stock/book value

Apple\'s price/book ratio as on 03rd July 2018 would be

Stock price of Apple = 183.92

Book value per share = $27.27

Apple\'s price/book ratio = 183.92/27.27

6.74