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DoDad's has a debt-equity ratio of .57. What is the firm's Equity Multiplier (Assets/Equity)? Is the answer 1.57? .57= 1-(1/x) 1.57=1/x 1.57=x
DoDad's has a debt-equity ratio of .57. What is the firm's Equity Multiplier (Assets/Equity)?
Is the answer 1.57?
.57= 1-(1/x)
1.57=1/x
1.57=x
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
