n class we discussed how the CFO for an online apparel company makes decisions on D/E within the firm. One example given in that discussion is a CFO might buyback company shares in order to increase D/E. A CFO would want to increase D/E because they wish to: Question 38 options: create efficiency of the firm's operations achieve a balance of risk between the equity holders and lenders reach a D/E of 1.2 create effectiveness of the firm's operations