Question 15 Which one of the following statements is correct? If the total debt ratio is greater than .50, then the debt-equity ratio must be less than 1.0. Long-term creditors would prefer the times interest earned ratio be 1.4 rather than 1.5. The debt-equity ratio cannot be expressed as the equity multiplier minus 1. Equity multiplier should be greater or equal to 1. An increase in the depreciation expense will affect the cash coverage ratio