Example of How to Use the P/B Ratio Assume that a company has $100 million in assets on the balance sheet and $75 million in liabilities The book value ofDrugscom began licensing and displayed Physician's Desk Reference (PDR) drug information in 03 and continued to publish PDR content until 10 In mid10 a change in policy by the distributors of PDR resulted in the nonrenewal of the licence and the removal of Physician's Desk Reference Consumer Drug Information from the Drugscom websiteThere are 4800 books in the library If a book is selected at random from the library, the probability that it is a Chinese book is 5 8 Now a number of Chinese books are added to the library and the probability of selecting a Chinese book change to 7 10 Find the number of Chinese books added A 600 B 900 C 10 D 1500 29
The Lighthouse Adam Dalgliesh 13 By P D James