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Question
Merrimac Brewing company's total assets equal $18 million. The book value of Merrimac's equity is $6 million. The market value of Merrimac's equity is $10 million. It's Debt to Value ratio is .5. What is Merrimac's Debt Ratio?A) .75
B) .67
C) .33
D) .25
Answer
This answer is hidden. It contains 1 characters.
Related questions
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