GenCorp Has a Total Debt of $140 Million and Shareholders

question 63

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

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