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    Principles of Accounting Study Set 1
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    Exam 5: Foundations of Financial Reporting and the Classified Balance Sheet
  5. Question
    A Debt to Equity Ratio of 1
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A Debt to Equity Ratio of 1

Question 118

Question 118

True/False

A debt to equity ratio of 1.0 means that half of the company's assets are financed by creditors.

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