Question #104 of 120 Question ID: 690392 Acme Holdings operates in an industry for which three-year average financial ratios by credit rating are as follows: Ratio AAA AA A BBB BB B CCC FCF/debt 32.0% 25.9% 21.8% 18.7% 12.3% 7.0% 3.1% Debt/EBITDA 0.9x 1.3x 1.5x 1.9x 2.3x 3.5x 5.0x If Acme has a three-year average debt-to-EBITDA ratio of 2.4 and a free cash flow to debt ratio of 7.1, its credit rating is most likely to be: A) investment grade. B) below investment grade. C) borderline investment grade