41-XYZ company has about $3.1 million in loans and shareholders' equity of $13.3 million. Find what is the debt-to-equity ratio. a-0.2 b-0.33 Oc-0.23 Od-0.13

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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41-XYZ company has about $3.1 million in loans and shareholders' equity of $13.3 million. Find what is the debt-to-equity ratio.
a-0.2
b-0.33
Oc-0.23
Od-0.13
Transcribed Image Text:41-XYZ company has about $3.1 million in loans and shareholders' equity of $13.3 million. Find what is the debt-to-equity ratio. a-0.2 b-0.33 Oc-0.23 Od-0.13
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