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2. A company has a Leverage Ratio of 2.5, due to having borrowed $1,000,000. What is the ratio of its Debt-to-Equity? a) 1 b) 1.5
2. A company has a Leverage Ratio of 2.5, due to having borrowed $1,000,000. What is the ratio of its Debt-to-Equity?
a) 1
b) 1.5
c) 2.5
d) Not enough information to determine
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Financial Literacy For Young Adults Simplified Discover How To Manage Save And Invest Money To Build A Secure And Independent Future
Authors: Raman Keane
1st Edition
8399806501, 979-8399806501
