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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Related Book For
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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