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Which of the statements below is FALSE? Select one: a. The debt ratio basically tells us the amount in debt for every dollar of assets.

Which of the statements below is FALSE?

Select one:

a. The debt ratio basically tells us the amount in debt for every dollar of assets.

b. The times interest earned ratio tells us the number of times a company has resorted to debt financing over the year.

c. Times interest earned equals EBIT divided by interest expense.

d. The cash coverage ratio is EBIT plus depreciation divided by interest expense.

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