Question
3) GenCorp. has a total debt of $130 million and stockholders' equity of $40 million. It also has 25 million shares outstanding, with a market
3) GenCorp. has a total debt of $130 million and stockholders' equity of $40 million. It also has 25 million shares outstanding, with a market price of $3.50 per share. What is GenCorp's market debt - equity ratio?
A) 3.25
B) 0.74
C) 1.19
D) 1.49
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Contemporary Financial Management
Authors: Don Cyr, Alfred Kahl, William Rentz, R. Moyer
1st Edition
017616992X, 978-0176169923
