Question
A firm has debt ratio of .47 this means the firm has $.47 in debt for every. a. $1.53 in total assets b. $1 in
A firm has debt ratio of .47 this means the firm has $.47 in debt for every.
a. $1.53 in total assets
b. $1 in total equity
c. $1.47 in total assets
d. $.53 in equity
e. $1.47 in total equity
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Financial Management Theory and Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
2nd Canadian edition
176517308, 978-0176517304
