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    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
  5. Question
    A Debt Ratio of 20% Means That the Firm Is
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A Debt Ratio of 20% Means That the Firm Is

Question 65

Question 65

True/False

A debt ratio of 20% means that the firm is relying more on borrowed money than owners' equity.

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