Kayes kitchenware has a marketbook ratio equal to 1 what is


Kaye's Kitchenware has a market/book ratio equal to 1. Its stock price is $15 per share and it has 5.4 million shares outstanding. The firm's total capital is $130 million and it finances with only debt and common equity. What is its debt-to-capital ratio?

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Financial Management: Kayes kitchenware has a marketbook ratio equal to 1 what is
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