Assume Apex Borrows $2 Million to Finance Its Expansion

question 155

Multiple Choice

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

• A)0.10.
• B)0.20.
• C)0.33 (rounded).
• D)0.18 (rounded).

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Divisions within an economy, categorized by their primary business activities, such as technology, healthcare, and finance.

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