The balance sheet and income statement for Isnet Corporation are as follows: Isnet's stock was selling for $10 a share at the end of 2007,and there were 1 million shares outstanding. Isnet paid dividends of $0.10 a share in 2007
-Refer to the information above. Calculate Isnet's long-term debt-to-market value equity ratio for 2007.

Question

The balance sheet and income statement for Isnet Corporation are as follows:   Isnet's stock was selling for $10 a share at the end of 2007,and there were 1 million shares outstanding. Isnet paid dividends of $0.10 a share in 2007
-Refer to the information above. Calculate Isnet's long-term debt-to-market value equity ratio for 2007.

Quizplus · Accepted Answer

The Answer of The balance sheet and income statement for Isnet Corporation are as follows:   Isnet's stock was selling for $10 a share at the end of 2007,and there were 1 million shares outstanding. Isnet paid dividends of $0.10 a share in 2007
-Refer to the information above. Calculate Isnet's long-term debt-to-market value equity ratio for 2007.

The Balance Sheet and Income Statement for Isnet Corporation Are