If a company has a debt ratio of 0.40, what is its equity multiplier? a. 1.40 b. 1.67 c. 2.00 d. 0.60
If a company has a debt ratio of 0.40, what is its equity multiplier? a. 1.40 b. 1.67 c. 2.00 d. 0.60
Chapter5: Evaluating Operating And Financial Performance
Section5.4: Leverage Ratios
Problem 1CC
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what is its equity multiplier?

Transcribed Image Text:If a company has a debt ratio of
0.40, what is its equity multiplier?
a. 1.40
b. 1.67
c. 2.00
d. 0.60
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