Is the debt-to-equity ratio a good proxy for financial risk as represented by the cash-flow ability of

Question:

Is the debt-to-equity ratio a good proxy for financial risk as represented by the cash-flow ability of a company to service debt? Why or why not?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals Of Financial Management

ISBN: 9780273713630

13th Revised Edition

Authors: James Van Horne, John Wachowicz

Question Posted: