Answer:
Bakeries are known for turning raw goods into things like bread
C. a negative duration on it's assets.
Privately owned businesses are commonly found in capitalist economies.
Answer: Option (c) is correct.
Explanation:
Given that,
EPS = $3.50
Book value per share = $22.75
Shares outstanding = 220,000
Debt-to-assets ratio = 46%
Total Equity (Book Value) = Book value per share × Shares outstanding
= $22.75 × 220,000
= $5,005,000
Total Assets = 
= 
= $9,268,518.52
Debt outstanding = Total Assets - Total Equity
= $9,268,518.52 - $5,005,000
= $4,263,518.52
= $4,263,519 (approx)
Answer:
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Explanation:
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