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Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 315,000...

Brookman Inc's latest EPS was $2.75, its book value per share was $22.75, it had 315,000 shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances using only debt and common equity and its total assets equal total invested capital. How much debt was outstanding?

$4,586,179

$4,827,557

$5,081,639

$5,349,094

$5,630,625

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Answer #1

Solubon Caleulation the. out sEand EPS = 초2:35 Outstanding 31Sơob Total Assets- Total Eslw」 0 16625 : $ (277687S Total Qsscts- Eui Total Debt 27967S-7/G6256 There fore the 56 3o 62S ls tal debst outstanding i Hance cofitect one.

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