Keep Afloat Tugboats Had the Following Debt Ratios 0

question 61

Multiple Choice

Keep Afloat Tugboats had the following debt ratios 0.60; 0.50; 0.45 for 2017, 2018, 2019 respectively. Which of the following statements most correctly depicts the changing ratios?

• A)The proportion of assets represented by equity has increased.
• B)The business is more at risk to interest rate changes due to increased borrowing.
• C)The business is less at risk due to exchanging accounts payable for notes payable.
• D)Business risk has not changed due to leverage remaining constant.

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Definitions:

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An approach within sociology that considers society to be a sophisticated system with various elements cooperating to ensure unity and maintain balance.

Abstract Societies

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