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Shares Outstanding of Common Stock = 1,000,000

Question 128

Multiple Choice

Shares outstanding of common stock = 1,000,000 Shares outstanding of preferred stock = 500,000 Market price of common stock = $18. -The Total Debt to Total Asset ratio is: A) 58.82% B) 0.59 C) 0.7647% D) 1.31 Shares outstanding of common stock = 1,000,000
Shares outstanding of preferred stock = 500,000
Market price of common stock = $18.
-The Total Debt to Total Asset ratio is:


A) 58.82%
B) 0.59
C) 0.7647%
D) 1.31

Correct Answer:

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