4. GenCorp. has a total debt of $140 million and stockholders' equity of $60 million. It...
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4. GenCorp. has a total debt of $140 million and stockholders' equity of $60 million. It also has 42 million shares outstanding, with a market price of $2.71 per share. What is GenCorp's market value debt-to- equity ratio? 4. GenCorp. has a total debt of $140 million and stockholders' equity of $60 million. It also has 42 million shares outstanding, with a market price of $2.71 per share. What is GenCorp's market value debt-to- equity ratio?
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To calculate GenCorps market value debttoequity ratio we need to first determine the market value of ... View the full answer
Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
Posted Date:
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