A firm has a debt ratio of 20 percent. The industry average debt ratio is 65 percent.
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A firm has a debt ratio of 20 percent. The industry average debt ratio is 65 percent. Is this a good or poor sign about the management of the firm's financial leverage? (LG3)
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Related Book For
Finance Applications And Theory
ISBN: 9780073530673
2nd Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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