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    Introduction to Corporate Finance Study Set 3
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    Exam 4: Financial Statement Analysis and Forecasting
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    On Their Most Recent Balance Sheet, a Company Reports Total
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On Their Most Recent Balance Sheet, a Company Reports Total

Question 13

Question 13

Multiple Choice

On their most recent balance sheet, a company reports total assets of $8 million, common shares of $4 million, and retained earnings of $2 million.The debt-to-asset ratio is:


A) 0.25
B) 0.50
C) 0.75
D) None of the above

Correct Answer:

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