subject
Business, 15.11.2019 01:31 tati7149

Gkaye's kitchenware has a market/book ratio equal to 1. its stock price is $12 per share and it has 5.2 million shares outstanding. the firm's total capital is $120 million and it finances with only debt and common equity. what is its debt-to-capital ratio? round your answer to two decimal places.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:40
•broussard skateboard’s sales are expected to increase by 15% from $8 million in 2016 to $9.2 million in 2017. its assets totaled $5 million at the end of 2016. broussard is already at full capacity, so its assets must grow at the same rate as projected sales. at the end of 2016, current liabilities were $1.4 million, consisting of $450,000 of accounts payable, $500,000 of notes payable, and $450,000 of accruals. the after-tax profit margin is forecasted to be 6%, and the forecasted payout ratio is 40%. use the afn equation to forecast broussard’s additional funds needed for the coming year
Answers: 2
question
Business, 22.06.2019 09:00
What should a food worker use to retrieve ice from an ice machine?
Answers: 1
question
Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
question
Business, 22.06.2019 11:00
Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false
Answers: 1
You know the right answer?
Gkaye's kitchenware has a market/book ratio equal to 1. its stock price is $12 per share and it has...
Questions
question
Mathematics, 09.03.2021 03:40
question
Mathematics, 09.03.2021 03:40
question
Business, 09.03.2021 03:40
question
Mathematics, 09.03.2021 03:40
Questions on the website: 13722360