Multiple Choice
A firm has a total debt ratio of 0.47.This means the firm has $0.47 in debt for every
A) $) 53 in equity.
B) $1.47 in total assets.
C) $1.53 in total assets.
D) $1 in total equity.
E) $1.47 in total equity.
Correct Answer:
Verified
Correct Answer:
Verified
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