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When a company's gearing ratio has moved from 40% in one year to 34% in the following year, and then to 25% the year after,

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When a company's gearing ratio has moved from 40% in one year to 34% in the following year, and then to 25% the year after, it can be concluded that Select one: a. the company is less indebted b. the company is less profitable c. the shareholders are getting less dividends d. the company has less cash to spend Next page on

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