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36. Cavalier Copper shows on its most recent balance sheet $840 million in long term loans, $320 million in shareholders' equity, $100 million in net
36. Cavalier Copper shows on its most recent balance sheet $840 million in long term loans, $320 million in shareholders' equity, $100 million in net profit on its income statement and $100 million in dividends payable to stockholders. It has 1,000,000 shares outstanding with a current market value of $12.50/share. Assuming no other information is available or relevant, the company's total assets are $ and its EPS is 37. Using the same information as in question #36 and assuming the company discloses an additional $100 million in operating lease commitments with a net present value of $ 100 million, which it treats as debt, the company's total debt to total capital ratio should be
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