A firm has a long-term debtequity ratio of .4. Shareholders equity is $1 million. Current assets are
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A firm has a long-term debt–equity ratio of .4. Shareholders’ equity is $1 million. Current assets are $200,000, and the current ratio is 2. The only current liabilities are notes payable. What is the total debt ratio?
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Debtequity ratio long term debt equity 04 longterm debt 1000000 longterm ...View the full answer
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781264101566
11th Edition
Authors: Richard A. Brealey, Stewart C. Myers, Alan J. Marcus
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