A Firm Has a Total Debt Ratio of

question 25

Multiple Choice

A firm has a total debt ratio of .47. This means that that firm has 47 cents in debt for every:

• A) $1 in equity.
• B) $1 in total sales.
• C) $1 in current assets.
• D) $.53 in equity.
• E) $.53 in total assets.

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Nonprofit Trade Association

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The illegal copying, distribution, or use of software without the authorization from the copyright holder.

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The creation, editing, formatting, and printing of text documents using computer software.

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