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check it help me Time left 0:21:35 Question 10 Answer saved Marked out of 1.00 P Pag question DEF company balance sheet shows $400 million
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Time left 0:21:35 Question 10 Answer saved Marked out of 1.00 P Pag question DEF company balance sheet shows $400 million in liabilities, $400 million in stockholders' equity, and a total book value of its assets of $800 million. The market value of its debt is $500 million. There are 100 million shares outstanding with a share price of $15. Calculate the debt ratio of the company, Select one: a. 33,33% b. 21% . c. 50% d. 25% Clear my choice Step by Step Solution
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