A company has 400,000 shares outstanding at a market price of S6 each. The company also has
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A company has 400,000 shares outstanding at a market price of S6 each. The company also has 20,000 bonds outstanding each with a face value of 5100, and a market price of 11 What is the firm's equity ratio?
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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