Multiple Choice
Traynham Tractors has a debt-to-total-assets ratio of 0.61 and Adel Automotive has 0.99. Which of the following statements is true?
A) Adel reported more dollars of profit than Traynham.
B) Adel has more total debt than does Traynham.
C) Adel is able to bring its product to market more efficiently than Traynham.
D) Traynham would likely be able to borrow money at a lower interest rate than would Adel.
Correct Answer:

Verified
Correct Answer:
Verified
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