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38. Why did traditional debt/asset, debt/equity ratios lose their predictive power in business' s test? A) The most valuable assets in most corporations today are
38. Why did traditional debt/asset, debt/equity ratios lose their predictive power in business' s test? A) The most valuable assets in most corporations today are intangible assets which reflected in their accounting book value B) A lot of public traded corporations aggressively repurchase their own shares and dep book value assets and shareholders' equity
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