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Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 310,000 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 310,000 shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances using only debt and common equity, and its total assets equal total invested capital. How much debt was outstanding? Do not round your intermediate calculations.
Group of answer choices
$6,206,200
$4,377,588
$5,430,425
$6,815,738
$5,541,250
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