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Strack Houseware Supplies Inc. has $697 million in total assets. The other side of its...

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Finance

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Strack Houseware Supplies Inc. has $697 million in total assets. The other side of its balance sheet consists of $97.58 million in current liabilities, $160.31 million in long- term debt, and $439.11 million in common equity. The company has 29,000,000 shares of common stock outstanding, and its stock price is $63 per share. What is Strack's market-to-book ratio? 7.62 6.97 1.59 4.16 1.31

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