Question
How to Compute the market D/E ratio for Best Buy? Approximate the market value of debt by the book value of net debt; include both
How to Compute the market D/E ratio for Best Buy? Approximate the market value of debt by the book value of net debt; include both Long-Term Debt and Short-Term Debt/Current Portion of Long-Term Debt from the balance sheet and subtract any cash holdings. Use the stock price and number of shares outstanding to calculate the market value of equity.
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International Financial Markets And The Firm
Authors: Piet Sercu, Raman Uppal
1st Edition
1861523548, 978-1861523549
