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QUESTION 6 Last Year, a corporation had a book value of equity of $50 million of USDs, 8 million shares outstanding, and a market price
QUESTION 6 "Last Year, a corporation had a book value of equity of $50 million of USDs, 8 million shares outstanding, and a market price of $30 per share. The corporation also had cash of $8 million of USDs, and total debt of $200 million USDs. What was the corporation's market debt-equity ratio?Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an answer; or if the answer is $500,000 write enter 500000 as an answer." QUESTION 7 "Last Year, a corporation had a book Value of equity of $50 million of USDs, 8 million shares outstanding and a market price of $30 per share. The corporation also had cash of 88 million of USDs, and total debt of $200 million USDs. What was the corporation's enterprise value in million USDs?Note: Express your answers in strictly numerical terms
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