Problem $4-17$ Leverage Ratios $($LO$3)$

$10$

points

A firm has a debt$-$to$-$equity ratio of $0\mathrm{.}84$ and a market$-$to$-$book ratio of $3\mathrm{.}0.$ What is the ratio of the book value of debt to the market value of equity?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

eBook

Book debt$-$to$-$market equity ratio

Print

References