Question: Nagell Industries has a debt to equity ratio of 0 75
Nagell Industries has a debt- to- equity ratio of 0.75 to 1 and a times interest earned ratio of 10. For each transaction or change listed here, determine the effect on the debt- to- equity and times interest earned ratios. Consider each event by itself and fill in the blanks with I for increase, D for decrease, and NC for no change.
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