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Firm A has assets of $100 and total debt of $40 . Firm B has assets of $200 and total debt of $60 . Firm

Firm A has assets of

$100

and total debt of

$40

. Firm B has assets of

$200

and total debt of

$60

. Firm B has more debt than Firm A. (Hint: compare their debt ratios.)\ True\ False

image text in transcribed
Firm A has assets of $100 and total debt of $40. Firm B has assets of $200 and total debt of $60. Firm B has more debt than Firm A. (Hint: compare their debt ratios.) True False

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