Question
In the statement, The higher the equity multiplier, the greater is the proportion of a firms assets that are financed with equity., changing equity multiplier
In the statement, "The higher the equity multiplier, the greater is the proportion of a firms assets that are financed with equity.", changing "equity multiplier" to "debt-to-asset ratio" would result in the statement being True.
TRUE OR FALSE?
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Governing Global Finance
Authors: Michele Fratianni, Paolo Savona
1st Edition
1138742147, 978-1138742147
