Question
A debt to equity ratio of 50% indicates that a. The company is close to bankruptcy. b. 50% of the company's interest expense comes from
A debt to equity ratio of 50% indicates that a. The company is close to bankruptcy. b. 50% of the company's interest expense comes from long-term debt financing. c. The company spends 50% of its operating earnings on interest. d. Half of the company's assets are financed through equity.
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Financial Accounting A Concepts Based Introduction
Authors: David Kolitz
1st Edition
1138844977, 978-1138844971
