Question
Georgia Corp has interest-bearing debt outstanding with a market value of $8.3 million and a book value of $8.1 million. The book value of equity
Georgia Corp has interest-bearing debt outstanding with a market value of $8.3 million and a book value of $8.1 million. The book value of equity is $2.5 million and it has 250,000 shares outstanding which are currently trading at $34.50 per share. Georgias Debt/Equity ratio based on market values is:
0.53
0.96
1.04
3.24
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Public Finance In A Changing World
Authors: Peter Birch Sorensen
1998th Edition
0333682211, 978-0333682210
