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Which of the following may explain why a debt ratio has been understated? a)All of these may explain why a debt ratio has been understated.

Which of the following may explain why a debt ratio has been understated? a)All of these may explain why a debt ratio has been understated. b)Useful lives of depreciable assets have been overstated. c)The existence of contingent liabilities. d)Overdraft balances have been netted off against Cash and cash equivalents. e)The allowance for doubtful debts is understated.

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