Question
Last Year, a corporation had a book value of equity of $353.91 million of USDs, 10.61 million shares outstanding,and a market price of $44.97 per
Last Year, a corporation had a book value of equity of $353.91 million of USDs, 10.61 million shares outstanding,and a market price of $44.97 per share. The corporation also had cash of $2.57 million of USDs, and total debt of$408.41 million USDs. What was the corporation's book debt-equity ratio?
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Better Than Alpha Three Steps To Capturing Excess Returns In A Changing World
Authors: Christopher M. Schelling
1st Edition
1264257651,126425766X
