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    Financial Management Theory Study Set 6
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    Exam 3: Analysis of Financial Statements
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    Stewart Inc
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Stewart Inc

Question 21

Question 21

Multiple Choice

Stewart Inc.'s latest EPS was $3.50, its book value per share was
$22) 75, it had 215,000 shares outstanding, and its debt ratio was 46%. How much debt was outstanding?


A) $3,393,738
B) $3,572,356
C) $3,760,375
D) $3,958,289
E) $4,166,620

Correct Answer:

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