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Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 325,ooo shares outstanding, and its debt/total invested capital ratio was
Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 325,ooo shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances usingonly debt and common equity and its total assets equal total invested capital. How much debt was outstanding? Do not round your intermediate calculations a. $5,809,375 b. $5,925,563 c. $5,518,906 O d. $4,415,125 O e. $5,228,438
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