Asked by Carry
Cooper Inc's latest EPS was $4.oo, its book value per share was $20.00, it had 200,000 shares outstanding, and its debt ratio was 40%. How much debt was outstanding?
a. $2,333,333
b. $2,666,667
c. $3,000,000
d. $3,333,333
e. $3,666,667
a. $2,333,333
b. $2,666,667
c. $3,000,000
d. $3,333,333
e. $3,666,667
Answers
Answered by
Anonymous
B) $2,666,667.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.