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Lopez Construction has a market to book value ratio of 3. Its stock price is $24 per share. Lopez Construction has 5 million shares
Lopez Construction has a market to book value ratio of 3. Its stock price is $24 per share. Lopez Construction has 5 million shares outstanding. The firm's total capital is $120 million and it finances with only debt and equity. What is its debt-to-capital ratio? Enter your answer in percentage format without using the % sign. For example, if your answer is .25, enter your answer as 25 with no % sign. To be marked correct, the answer provided needs to be +/- 0.1 from the actual answer. Question 2 10 pts Henderson's Hardware has a ROA of 22%, a profit margin of 5% and a ROE of 25%. What is its total asset turnover? Enter the number without putting the times (x) symbol next to it. Round your answer to 2 decimal places. To be marked correct, the answer provided needs to be +/- 0.1 from the actual answer.
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1 DebttoCapital Ratio The debttocapital ratio is calculated by dividing total debt by total capital ...Get Instant Access to Expert-Tailored Solutions
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