Bartley Barstools has a market/book ratio equal to 1. Its stock price is $14 per share and
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Bartley Barstools has a market/book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firm's total capital is $125 million and it finances with only debt and common equity. What is its debt-to-capital ratio?
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Since the firms MB ratio 1 then its total market value of e...View the full answer
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Related Book For
Fundamentals of Financial Management
ISBN: 978-1285867977
14th edition
Authors: Eugene F. Brigham, Joel F. Houston
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