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A company has a debt ratio of 0.45. What is the Equity Multiplier? a) 1.45 b) 1.82 c) 2.22 d) 0.55 e) 1.00

A company has a debt ratio of 0.45. What is the Equity Multiplier? a) 1.45 b) 1.82 c) 2.22 d) 0.55 e) 1.00

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 24MCQ: When analyzing a companys debt to equity ratio, lithe ratio has a value that is greater than one,...
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A company has a debt ratio of 0.45. What is the Equity Multiplier? a) 1.45 b) 1.82 c) 2.22 d) 0.55 e) 1.00
Transcribed Image Text:A company has a debt ratio of 0.45. What is the Equity Multiplier? a) 1.45 b) 1.82 c) 2.22 d) 0.55 e) 1.00
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