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    Corporate Finance Study Set 1
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    Exam 3: Financial Statements Analysis and Financial Models
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    A Firm Has a Total Debt Ratio of
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A Firm Has a Total Debt Ratio of

Question 25

Question 25

Multiple Choice

A firm has a total debt ratio of .47. This means that that firm has 47 cents in debt for every:


A) $1 in equity.
B) $1 in total sales.
C) $1 in current assets.
D) $.53 in equity.
E) $.53 in total assets.

Correct Answer:

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