Total Debt = 5,630,635
Outstanding shares * book value per share = equity
315000 x 22.75 = 7,166,250
where:
assets = amount of debt + equity
equity = 7,166,250
amount of debt = 7,166,250 * .44 / .56 = 5,630,635
<h2>Further Explanation
</h2>
Securities can be categorized as debt and equity such as bonds and stocks. Companies or institutions that issue securities are called publishers. These securities may consist of debt instruments, commercial papers, shares, bonds, units of collective investment contracts (such as mutual funds, futures contracts on securities, and any derivatives of securities). The qualifications of an effect vary according to the rules in each country.
<h3>Securities can be in the form of certificates or can be in the form of electronic records that are:
</h3>
- Performance certificate, meaning that the owner entitled to the securities is the securities holder/holder.
- Certificate in the name means that the owner of the securities entitled to the said securities is whose name is recorded on a list held by the issuer or listing agency.
<h3>The classification of effects is based on the following categories:
</h3>
- Securities issuing company
- Currency denomination used
- Proprietary rights
- The maturity period
- Level of securities liquidity
- Interest payment
- Tax treatment
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Debt brainly.com/question/12967829
Outstanding shares brainly.com/question/12967829
Details
Grade: College
Subject: Business
Keyword: debt, outstanding, shares
