Crystal Lake, Inc., has a total debt ratio of 0.23. Note: once you know the total debt
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Question:
Crystal Lake, Inc., has a total debt ratio of 0.23. Note: once you know the total debt ratio, you automatically also know the total equity ratio, as the total debt ratio + the total equity ratio = 100%. |
Required: |
(a) | What is its debt-equity ratio? |
(b) | What is its equity multiplier? |
Related Book For
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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