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Bartley barstools has a marketbook ratio equal to 37 its

Bartley Barstools has a market/book ratio equal to 3.7. Its stock price is $41 per share and it has 10 million shares outstanding. The firm's total capital is $615 million and it finances with only debt and common equity. What is its debt-to-capital ratio?

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Accounting Basics: Bartley barstools has a marketbook ratio equal to 37 its

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