Multiple Choice
GenCorp has a total debt of $140 million and shareholders' equity of $50 million. It also has 25 million shares outstanding, with a market price of $3.50 per share. What is GenCorp's market debt-equity ratio?
A) 1.60
B) 0.63
C) 1.02
D) 0.36
Correct Answer:
Verified
Correct Answer:
Verified
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