A company has a debt-to-equity ratio of 0.5. What is the company's total debt ratio? a) 0.33 b) 0.25 c) 0.40 d) 0.45
A company has a debt-to-equity ratio of 0.5. What is the company's total debt ratio? a) 0.33 b) 0.25 c) 0.40 d) 0.45
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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Transcribed Image Text:A company has a debt-to-equity ratio of 0.5. What is the company's
total debt ratio?
a) 0.33
b) 0.25
c) 0.40
d) 0.45
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