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    Managerial Accounting Study Set 23
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    Exam 16: Financial Statement Analysis
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    All Other Things the Same, If Long-Term Debt Is Exchanged
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All Other Things the Same, If Long-Term Debt Is Exchanged

Question 141

Question 141

True/False

All other things the same, if long-term debt is exchanged for short-term debt, the debt-to-equity ratio will be unchanged.

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