Apexes Solutions has a total debt ratio of 0.35. What is the company's total debt-equity ratio?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter9: Accounting For Receivables
Section: Chapter Questions
Problem 13Q: What are the two most common receivables ratios, and what do these ratios tell a stakeholder about...
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What is the company's total debt equity ratio of this financial accounting question?

Apexes Solutions has a total debt ratio
of 0.35. What is the company's total
debt-equity ratio?
Transcribed Image Text:Apexes Solutions has a total debt ratio of 0.35. What is the company's total debt-equity ratio?
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