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b . Is the company's market - to - book ratio meaningful? Is its book debt - equity ratio meaningful? Explain. ( Select all the

b. Is the company's market-to-book ratio meaningful? Is its book debt-equity ratio meaningful? Explain. (Select all the choices that apply.)
A. Because the book value of equity is positive in this case, the company's market debt-equity ratio may be used in comparison.
B. Because the book value of equity is positive in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful.
C. Because the book value of equity is negative in this case, the company's market debt-equity ratio may be used in comparison.
D. Because the book value of equity is negative in this case, the company's market-to-book ratio and its book debt-equity ratio are not meaningful.
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