Calculate the company debt-to-equity ratio
Course:- Finance Basics
Reference No.:- EM13298363

Assignment Help >> Finance Basics

A company has total assets of $422,235,811 and a debt ratio of 29.5 percent. Calculate the company's debt-to-equity ratio and the equity multiplier.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Finance Basics) Materials
Mike Lane will have $5 million to invest in 5 year United State Treasury bonds three months from now. Lane believes interest rates will fall during the next 3 months and wants
Investment Decision Rule Problems : -  A $25 investment produces $27.50 at the end of the year with no risk. If the OCC = 10% annually is this a good investment?
ABC Corp. (an American company) has contracted to buy 50,000 tons of iron from a German firm. Suppose that iron trades for 87 euros/ton and the exchange rate is .67USD/E whe
Firm x's currently outstanding bonds have a 10 percent coupon and a 12 percent yield to maturity. company x believes it could issue new bonds at par that would provide a simil
Who are the owners of credit unions? -  Explain the tax status of CUs and the reason for that status. Why are CUs typically smaller than commercial banks or savings institut
Suppose that in our National Geographic example, half of the original cost of the rotogravure printing press is fixed and half is sunk. How low can the offered price go befo
Each of the following questions should be answered by building a 15-period binomial model whose parameters have been calibrated to a Black-Scholes geometric Brownian motion
Cranberry Wood Products Inc. spends an average of $9.50 in labor and $12.40 in materials on every unit it sells. Sales commissions and shipping amount to another $3.10. All