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Suppose you are analyzing the financial statements of a company and you notice that its debt-to-equity ratio has been steadily increasing over the past few
Suppose you are analyzing the financial statements of a company and you notice that its debt-to-equity ratio has been steadily increasing over the past few years. What factors might be contributing to this trend, and how would you interpret the implications of a high debt-to-equity ratio for the company's financial health?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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