An improvement in the proportion of a company's assets that are financed with debt would be shown by: a decrease in the current ratio an increase in the debt ratio an increase in the current ratio a decrease in the debt ratio
An improvement in the proportion of a company's assets that are financed with debt would be shown by: a decrease in the current ratio an increase in the debt ratio an increase in the current ratio a decrease in the debt ratio
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Question 11
An improvement in the proportion of a company's assets that are financed with debt
would be shown by:
a decrease in the current ratio
an increase in the debt ratio
an increase in the current ratio
a decrease in the debt ratio
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