Question
Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $16 per share and it has 5.2 million shares outstanding. The firm's
Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $16 per share and it has 5.2 million shares outstanding. The firm's total capital is $110 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places. %
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The Routledge Handbook Of Integrated Reporting
Authors: Charl De Villiers, Warren Maroun, Pei-Chi Hsiao
1st Edition
0367233851, 978-0367233853
