Homework Help: Finance

Posted by Carry on Sunday, January 24, 2010 at 5:56pm.

Cooper Inc's latest EPS was $4.oo, its book value per share was $20.00, it had 200,000 shares outstanding, and its debt ratio was 40%. How much debt was outstanding?

a. $2,333,333
b. $2,666,667
c. $3,000,000
d. $3,333,333
e. $3,666,667

Finance - Anonymous, Tuesday, January 26, 2010 at 9:24pm
B) $2,666,667.

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