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When a firm's debt-equity ratio is 1.0, the firm: A. has as much debt as in equity B. is nearing insolvency C. has less long-term

When a firm's debt-equity ratio is 1.0, the firm:

A.

has as much debt as in equity

B.

is nearing insolvency

C.

has less long-term debt than equity

D.

has too much long-term debt in relations to leases

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