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A company with a higher level of gearing will have: Question 4Answer a. a high liabilities/total assets ratio. b. a lower owners' equity/total assets ratio.
A company with a higher level of gearing will have:
Question 4Answer
a.
a high liabilities/total assets ratio.
b.
a lower owners' equity/total assets ratio.
c.
a higher owners' equity/total assets ratio.
d.
Both a high liabilities/total assets ratio and a lower owners' equity/total assets ratio.
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