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A firm has a debt ratio of 40 percent. It feases new assets whose costs are equal to two-thirds of the total assets in the

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A firm has a debt ratio of 40 percent. It feases new assets whose costs are equal to two-thirds of the total assets in the company. If the firm does not need to capitalize this lease expense, what is the new debt ratio after the assets are leased? Multiple Choice 70 percent o 40 percent 50 percent 60 percent

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