Question
Suppose a firm has volatile sales and consequently does not finance with much debt. How does this affect the times interest earned ratio, the debt-to-equity
Suppose a firm has volatile sales and consequently does not finance with much debt. How does this affect the times interest earned ratio, the debt-to-equity ratio, and the equity multiplier?
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Finance Without Fear Business Forecasting Workbook
Authors: William S. Hettinger, John Dolan Heitlinger
1st Edition
0982891717, 9780982891711
