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If a company has a debt-to-assets ratio of 0.7, ... (Hint: DTA = Total Liabilities / Total Assets) the company uses more debt than equity

If a company has a debt-to-assets ratio of 0.7, ... (Hint: DTA = Total Liabilities / Total Assets)

the company uses more debt than equity to finance its assets.

the company uses more equity than debt to finance its assets.

the company needs to take on more debt soon.

the company has 60% more debt than the average company in their industry.

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