If the debt-to-equity ratio is 152 and total book value of


Question - Chisel Corporation has 3.342 million shares outstanding at a price per share of $2.94. If the debt-to-equity ratio is 1.52 and total book value of debt equals $12,306,000, what is the market-to-book ratio for Chisel Corporation?

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Accounting Basics: If the debt-to-equity ratio is 152 and total book value of
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