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  3. Study Set
    Intermediate Accounting Study Set 14
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    Exam 22: Financial Statement Analysis
  5. Question
    A Debt-Equity Ratio in Excess of 1 Indicates That a Majority
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A Debt-Equity Ratio in Excess of 1 Indicates That a Majority

Question 121

Question 121

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A debt-equity ratio in excess of 1 indicates that a majority of the entity's resources was provided by the shareholders' or is reflected in shareholders' equity.

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