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What Is the Approximate Total Debt Ratio for a Firm

Question 69

Multiple Choice

What is the approximate total debt ratio for a firm with a total debt to equity ratio of .65?


A) 35 percent
B) 39 percent
C) 54 percent
D) 65 percent If total debt/equity = .65
Then total liabilities/total assets = .65/1.65

Correct Answer:

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