Define the terms base-rate and portion
Define the terms base, rate, and portion, as they relate to business mathematics. Search the Internet or find another source that discusses base, rate, and portion. Report your findings on this discussion board.
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Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt ratio was 46%. How much debt was outstanding?
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