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Trying to figure out the right numbers with an explanation if anyone can do it. Plumas Inc. has a total debt ratio of 0.46. What
Trying to figure out the right numbers with an explanation if anyone can do it.
Plumas Inc. has a total debt ratio of 0.46. What is its debt-equity ratio? (Round the final answer to 2 decimal places.) Debt-equity ratio 0.54 What is its equity multiplier? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Equity multiplier 1.85Step by Step Solution
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