Question: Stewart Inc. ' s latest EPS was $ 3 . 5 0 , its book value per share was $ 2 2 . 7 5

Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt ratio was 46%. How much debt was outstanding?
Select one:
a.
$3,572,356
b.
$4,166,620
c.
$3,760,375
d.
$3,958,289

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