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A company has total assets of 400,000 net income of 40,000 andreturn on equity of 20%. The debt ratio is a. Zero b. 40% c.
A company has total assets of 400,000 net income of 40,000 andreturn on equity of 20%. The debt ratio is
a. Zero
b. 40%
c. 50%
d. 20%
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
