Multiple Choice
What will be the effect on Apex's debt ratio if Apex's owner invests an additional $2 million to finance its expansion?
A) The debt ratio will decrease from .1 (2/20) to .0909 (2/22) after the additional investment.
B) The debt ratio will decrease from 2/9 before to 2/11 after the additional investment.
C) The debt ratio will increase from 20 before to 22 after the additional investment.
D) Additional investment by owner will have no effect on the debt ratio.
Correct Answer:
Verified
Correct Answer:
Verified
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