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Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $13 per share and it has 4.9 million shares ou
Posted: Sun Jul 03, 2022 12:55 pm
by answerhappygod
- Kaye S Kitchenware Has A Market Book Ratio Equal To 1 Its Stock Price Is 13 Per Share And It Has 4 9 Million Shares Ou 1 (34.41 KiB) Viewed 9 times
Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $13 per share and it has 4.9 million shares outstanding. The firm's total capital is $110 million and it finances with only debt and common equity. What is its debt-to-capital ratio? Round your answer to two decimal places. %