# Finance

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

1. 👍 0
2. 👎 0
3. 👁 197
1. B) \$2,666,667.

1. 👍 0
2. 👎 0

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