What Is the Approximate Total Debt Ratio for a Firm

question 95

Multiple Choice

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

• A) 35%
• B) 39%
• C) 54%
• D) 65%

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Definitions:

G. Harrold Carswell

A controversial figure nominated for the U.S. Supreme Court in 1970, known for his conservative views and opposition by civil rights groups.

United States Supreme Court

The highest court in the United States, serving as the final arbiter of disputes under federal law and the Constitution.

Segregation

The enforced separation of different racial groups in a country, community, or establishment.

Richard Nixon

The 37th President of the United States, known for his foreign policy achievements and the Watergate scandal which led to his resignation.