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Need help with Debt to Capital Ratio Debt to capital Ratio Bartley Barstools has a market/book ratio equal to 1. Its stock price is $15
Need help with Debt to Capital Ratio
Debt to capital Ratio Bartley Barstools has a market/book ratio equal to 1. Its stock price is $15 per share and it has 5.3 million shares outstanding. The firm's total capital is $135 million and it finances with only debt and common equity. What is its debt-to-capita I ratio? Round your answer to two decimal placesStep by Step Solution
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