Question
Jim's Juice Company has a debt to total assets ratio of .65. Tom's Turkeys Inc. has a debt to total assets ratio of .25. Based
Jim's Juice Company has a debt to total assets ratio of .65. Tom's Turkeys Inc. has a debt to total assets ratio of .25. Based only on this one ratio, which of the two companies is more attractive to a lender?
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Analysis For Financial Management
Authors: Robert Higgins, Jennifer Koski, Todd Mitton
13th Edition
1260772365, 978-1260772364
