Why must the ratio of pledged assets to secured liabilities be interpreted with caution?

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Fundamental Accounting Principles Volume II

ISBN: 978-1259066511

14th Canadian Edition

Authors: Larson Kermit, Jensen Tilly

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Question Posted: Jan 08, 2015 09:48 AM

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Why must the ratio of pledged assets to secured liabilities be interpreted with caution?

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Fundamental Accounting Principles Volume II

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