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Garwryk, Inc., Which is finance with debt and equity, present Lee has a debt ratio of 77%. What is the firms equity multiplier? How is
Garwryk, Inc., Which is finance with debt and equity, present Lee has a debt ratio of 77%. What is the firms equity multiplier? How is the equity multiplier related to the firms use of debt financing (I.e, if the firm increased its use of debt financing would this increase or decrease its equity multiplier)? Explain.
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