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A company's computes its debt/equity ratio by dividing its long-term debt by its shareholders' equity. Its debt/equity ratio will increase when it Multiple Choice None

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A company's computes its debt/equity ratio by dividing its long-term debt by its shareholders' equity. Its debt/equity ratio will increase when it Multiple Choice None of the other alternatives are correct issues stock for cash Collects accounts receivable Purchases land for cash Borrows cash giving a short term note payable

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