A debt to equity ratio of 50% indicates that half of the company's assets are financed through
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A debt to equity ratio of 50% indicates that half of the company\'s assets are financed through equity, 50% of the company\'s interest expense comes from long-term debt financing, the company is close to bankruptcy, or the company spends 50% of its operating earnings on interest?
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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