Multiple Choice
A firm has an equity multiplier of 1.5.This means that the firm has a:
A) debt-equity ratio of 0.67.
B) debt-equity ratio of 0.33.
C) total debt ratio of 0.50.
D) total debt ratio of 0.67.
E) total debt ratio of 0.33.
Correct Answer:
Verified
Correct Answer:
Verified
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