Question
If a firm has a debt ratio (i.e., D/A) of 22%, what is the firm's debt to equity (i.e., D/E) ratio? Record your answer as
If a firm has a debt ratio (i.e., D/A) of 22%, what is the firm's debt to equity (i.e., D/E) ratio?
Record your answer as a ratio rounded to 2 decimal places. For example, record D/E = 100/180 = 0.56 or D/E = 300/125 = 2.40.
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Finance for Executives Managing for Value Creation
Authors: Gabriel Hawawini, Claude Viallet
4th edition
9781133169949, 538751347, 978-0538751346
