Business, 27.11.2020 05:50, lorenavh81

Urgent Corporation had earnings per share of $4 last year, and it paid a $2 dividend. Total retained earnings increased by $12 million during the year, and book value per

share at year-end were $40. Urgent Corporation has no preferred stock, and no new

common stock was issued during the year. If Argent’s year-end debt (which equals its

total liabilities) was $120 million, what was the company’s year-end debt/assets ratio?

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Urgent Corporation had earnings per share of $4 last year, and it paid a $2 dividend. Total retaine...