Based on the EPS and the book value, as well as the shares outstanding, the amount of debt is P5,005,000.
First find the total equity:
= Shares outstanding x Book value per share
= 280,000 x 22.75
= P6,370,000
Use that to find the total assets:
= Total equity / (1 - Debt ratio)
= 6,370,000 / ( 1 - 0.44)
= P11,375,000
The total debt is therefore:
= Total assets - Total equity
= 11,375,000 - 6,370,000
= P5,005,000
In conclusion, the total debt is P5,005,000.
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