Question no.5

C) $144 per share D) $119 per share ePS= Netmon -tee e.7 in 'M: commo tocl ESK Pat to eaning 5) Apollo Corp. reported the following balance sheet: $28,000 Accounts payable $5,000 Accounts receivable 15,000 Notes Payable 2,000 17,000 Net Fixed Assets 122,000 Long-Terms Debt 45,000 10,000 Cas Inventory 5,000 Accruals Common Stock Retained Earnings 121,000 210,000 Total Liab. & Equity $210,000 Total assets Apollo Corp.'s debt ratio is A) 42.95%. B)37.62%. C)39.45%. D)32.17%. Please refer to Table 4-1 for the following questions. Table 4-1 Stewart Company Page 2 of9