Assume Apex Borrows $2 Million to Finance Its Expansion

question 118

Multiple Choice

Assume Apex borrows $2 million to finance its expansion. Apex's debt ratio immediately after the borrowing will be:

• A) .10.
• B) .20.
• C) .33 (rounded).
• D) .18.

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Definitions:

Cost per Thousand (CPM)

A metric used in advertising to denote the price of 1,000 advertisement impressions on one webpage.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.

Reach

A measure of the extent to which content, advertising, or communication is seen by an audience.

Rating

A system or scale that evaluates or grades certain characteristics or performances, often used in contexts like entertainment, finance, or product quality.