What Is the Approximate Total Debt Ratio for a Firm

question 105

Multiple Choice

What is the approximate total debt ratio for a firm with a total debt to equity ratio of .65?

• A)32.1%
• B)35.5%
• C)37.6%
• D)39.4% If total debt/equity = .65 then total liabilities/total assets = .65/1.65

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