Question
Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30
Last Year, a corporation had a book value of equity of $300 million of USDs, 2.5 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $2.5 million of USDs, and total debt of $250 million USDs. What was the corporation's market debt-equity ratio?
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Financial Services Sales Handbook A Professionals Guide To Becoming A Top Producer
Authors: Clifton T. Warren
1st Edition
1631574930, 978-1631574931
