Multiple Choice
Amgen's debt to equity ratio is .54 while Walmart's is .68. By comparing these ratios we can conclude
A) that Walmart is in danger of bankruptcy.
B) that Amgen uses too little debt financing.
C) that Walmart uses too little equity financing.
D) very little because the firm's are in different industries.
Correct Answer:
Verified
Correct Answer:
Verified
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