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In early 2019, the following information was true about Amesbury Pines (AP) and Greenfield (GRF),...

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Accounting

In early 2019, the following information was true about Amesbury Pines (AP) and Greenfield (GRF), both clothing retailers. Values (except price per share) are in millions of dollars.
a. What is the market-to-book ratio of each company?
b. What conclusion do you draw from comparing the two ratios?
a. What is the market-to-book ratio of each company?
The market-to-book ratio for AP is .(Round to two decimal places.)Wiillfnfjnjnungujrgu
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