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GenCorp Has a Total Debt of $140 Million and Stockholders

Question 21

Multiple Choice

GenCorp. has a total debt of $140 million and stockholders' equity of $50 million. It also has 26 million shares outstanding, with a market price of $4.00 per share. What is GenCorp's market debt-equity ratio?


A) 0.67
B) 1.08
C) 2.80
D) 1.35

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