Question
States that a lower Debt-to-Equity ratio is better. This would imply that it is best for firms to have $0 debt, and thus a zero
States that a lower Debt-to-Equity ratio is better. This would imply that it is best for firms to have $0 debt, and thus a zero debt-to-equity ratio. But many very successful firms hold debt. Why?
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In general a healthy debttoequity ratio is anything that is less than one to one A hazardous ratio o...
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
