Multiple Choice
Which of the following statements is an accurate interpretation of the debt ratio?
A) A debt ratio of 0.60 or lower is considered a high-risk ratio.
B) A debt ratio above 1.00 is considered a good, safe ratio.
C) A debt ratio of 2.0 indicates very strong ability to pay liabilities.
D) A debt ratio of 0.60 or lower is a good, safe ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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