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QUESTIONLast Year, a corporation had a book value of equity of $ 8 2 million of USDs, 3 million shares outstanding, and a market price

QUESTIONLast Year, a corporation had a book value of equity of $82 million of USDs, 3 million shares outstanding, and a market price of $25 per share. The corporation also had cash of $11 million of USDs, and total debt of $80 million USDs. What was the corporation's book 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."

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