Matthew Company has the following permanent capital: Debt capital ............................................................... $ 80,000 Equity capital ............................................................ 20,000 Total
Question:
Matthew Company has the following permanent capital:
Debt capital ............................................................... $ 80,000 Equity capital ............................................................ 20,000 Total .................................................................... $100,000
(a) Its debt ratio is %.
(b) The company is said to be highly
.
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