4.2 Debt to Capital Ratio Bartley Barstools has a market / book ratio equal to...
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4.2 Debt to Capital Ratio Bartley Barstools has a market / book ratio equal to 1. Its stock price is $14 per share and it has 5 million shares outstanding. The firms total capital is $125 million, and it finances with only debt and common equity. What is it debt-to-capital ratio?
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