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Boyd, Inc., has a total debt ratio of 0.31. Requirement 1: What is its debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).)
| Boyd, Inc., has a total debt ratio of 0.31. |
| Requirement 1: |
| What is its debt-equity ratio? (Round your answer to 2 decimal places (e.g., 32.16).) |
| Debt-equity ratio |
| Requirement 2: |
| What is its equity multiplier? (Round your answer to 2 decimal places (e.g., 32.16).) |
| Equity multiplier |
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Stock Market Investing For Beginners
Authors: Andrew P.C.
1st Edition
1549522132, 978-1549522130
