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QUESTION 6 Below are the ratios of Alba footwear firms in 2018 Debt to Total equity 2018 50% Industry average d. 25% Explain what does

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QUESTION 6 Below are the ratios of Alba footwear firms in 2018 Debt to Total equity 2018 50% Industry average d. 25% Explain what does Debt to total equity ratio means to the firm. b. Is it better to have a higher or lower debt to equity ratio? Justify? c. Recommend what the company should do to improve debt to equity ratio. (3 marks) (2.5 marks) (2.5 marks) . Paran

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