Question
A company has a downward trend of debt ratio for three consecutive years, what does it imply and what could be the reason for its
A company has a downward trend of debt ratio for three consecutive years, what does it imply and what could be the reason for its decline?
Also, the company has less debt ratio than the industry average. What does it imply?
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Essentials of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
14th edition
324422709, 324422702, 978-0324422702
