When analyzing a company's debt-toequity ratio, if the ratio has a value that is greater than one,

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When analyzing a company's debt-toequity ratio, if the ratio has a value that is greater than one, then the company has:

a. less debt than equity.

b. more debt than equity.

c. equal amounts of debt and equity.

d. None of these are correct.

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Cornerstones Of Financial Accounting

ISBN: 9780176707125

2nd Canadian Edition

Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone

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