Question
A firm has a total debt ratio of .63 this means that the firm has $0.63 in debt for every .... 1$ in Total equity
A firm has a total debt ratio of .63 this means that the firm has $0.63 in debt for every ....
1$ in Total equity
1$ in total sales
1$ current asserts
0.37 in total equity
0.37 in total assets
which one is correct
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Finance Applications and Theory
Authors: Marcia Cornett
4th edition
1259691411, 978-1259691416
