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HD Corp.and LD Corp.have identical assets,sales,interest rates paid on their debt,tax rates,and EBIT.However,HD uses more debt than LD.Which of the following statements is correct?
Ratification
Officially confirming and giving legal validity to an agreement or treaty through formal approval.
Elect Officers
The process of choosing individuals to hold positions of authority within an organization, typically through voting.
Major Division
A significant separation or segmentation within an organization, market, or field of study, typically characterized by distinct functions, products, or specialties.
Sarbanes-Oxley Act
A United States federal law that was enacted in 2002 to protect investors from the possibility of fraudulent accounting activities by corporations.
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