What is the proportion of debt

Assignment Help Financial Management

Reference no: EM131950162

A firm you are studying as a possible investment is known for using a lot of debt to finance its assets. You wonder just how much debt that really is and decide to quickly calculate its long-term capital structure. You note that current liabilities are $33 million, long-term debt in the form of bonds is $124 million, total shareholders equity is $35 million, and short-term notes payable is $19 million. What is the proportion of debt used in this company's long-term capital structure?

Enter your answer as a decimal, rounded to the second decimal.

Reference no: EM131950162

Questions Cloud

What kind of study designs might prove useful : When quantifying the extent of disease, what things need to be taken into consideration and how would you go about reporting out your findings?

Determine operating income for business : Use the information in the table below to determine operating income for this business.

Investigate the complexity of stakeholder management : This assignment aims to investigate the complexity of stakeholder management and incorporate ethnical principles into business decision-make.

Explain the different types of feedback practices : Discuss what differentiates "good feedback practices" from "bad feedback practices." Evaluate the impact that these different types of feedback practices.

What is the proportion of debt : What is the proportion of debt used in this company's long-term capital structure?

Analyze the causes of the world war-i : Analyze the causes of the World War I(60% of essay) and why and how the U.S. got into the war (40% of essay).

How has the position of women in japanese society changed : How has the position of women in Japanese society changed in the postwar period? Where are there still areas of discrimination?

Define approach organization take to cultivate shared values : In my organization, we emphasize our corporate operational goals along with corporate ethical values as a way to engage our employee around common values.

Transaction has no effect on total market value : How many of the old shares must be given up for one new share to achieve the $12 price, assuming this transaction has no effect on total market value?

User Account

All Pages