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TechWorld Inc. has a total debt of $250 million and stockholders' equity of $100 million. It also has 50 million shares outstanding, with a market price of $7.00 per share. What is TechWorld Inc.'s market debt-equity ratio? A) 1.25 B) 2.50 C) 1.00 D) 3.00

TechWorld Inc. has a total debt of $250 million and stockholders' equity of $100 million. It also has 50 million shares outstanding, with a market price of $7.00 per share. What is TechWorld Inc.'s market debt-equity ratio? A) 1.25 B) 2.50 C) 1.00 D) 3.00

Corporate Fin Focused Approach
Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
Problem 1STP
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Hello teacher please help me Accounting question

TechWorld Inc. has a total debt of $250 million and stockholders' equity of $100 million. It also has 50 million shares outstanding, with a market price of $7.00 per share. What is TechWorld Inc.'s market debt-equity ratio? A) 1.25 B) 2.50 C) 1.00 D) 3.00
Transcribed Image Text:TechWorld Inc. has a total debt of $250 million and stockholders' equity of $100 million. It also has 50 million shares outstanding, with a market price of $7.00 per share. What is TechWorld Inc.'s market debt-equity ratio? A) 1.25 B) 2.50 C) 1.00 D) 3.00
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