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Consider these financial statements for SmallCo: Did Smallco's financial leverage increase from 20X0 to 20X1, as measured by Debt/Assets? Answer Yes or No. Yes No

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Consider these financial statements for SmallCo: Did Smallco's financial leverage increase from 20X0 to 20X1, as measured by Debt/Assets? Answer Yes or No. Yes No Using 20X0 Data, about how many years would it take Smallco to pay off its debt if it could devote all its EBIT to this effort

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