Calculate the debt-to-equity ratio in a way that takes, Financial Management

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Calculate the debt-to-equity ratio in a way that takes

Suppose a firm has $468.29 million in book liabilities, $145.76 million in book equity, and 13 million shares outstanding, each of which currently trade at $16.04 per share. Calculate the debt-to-equity ratio in a way that takes current values into account, rather than historical performance. Calculate your answer to at least two decimal places. Please show work.

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Financial Management: Calculate the debt-to-equity ratio in a way that takes

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Financial Management: Calculate the debt-to-equity ratio in a way that takes

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