Question
Bartley Barstools has a market/book ratio equal to 1. Its stock price is $13 per share and it has 4.7 million shares outstanding. The firms
Bartley Barstools has a market/book ratio equal to 1. Its stock price is $13 per share and it has 4.7 million shares outstanding. The firms total capital is $115 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places.
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How To Value Buy Or Sell A Financial Advisory Practice
Authors: Mark C. Tibergien, Owen Dahl
1st Edition
1576601749, 978-1576601747
