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Rickos Rickos
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7 years ago
Cornucopia's liabilities and equity are shown below:
Accounts Payable   $500,000
Accrued Expenses   250,000
Short-term Note at 5%   300,000
Long-Term Debt   1,250,000
Common Equity, Book Value   2,500,000
Common Equity, Market Value   6,000,000

 Cornucopia's debt to enterprise value ratio is ________.  Excess cash is negligible.
A) .48
B) .32
C) .21
D) .30
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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vanrheevanrhee
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7 years ago
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Rickos Author
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#2
7 years ago
I want to thank you for being so helpful
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#3
3 years ago
thx
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#4
3 years ago
Thank you
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