Stewart Inc.'s latest EPS was $3.50, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt-to-assets ratio was 46%. How much debt was outstanding?
A. $3,393,738
B. $3,572,356
C. $3,760,375
D. $3,958,289
E. $4,166,620
Answer: E
Business
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