Question: A company has a debt - to - equity ratio of 1 . 5 . Which of the following statements is true? The company has

A company has a debt-to-equity ratio of 1.5. Which of the following statements is true?
The company has more liabilities than assets
The company's total equity is equal to 1.5 times its total liabilities
The company has more equity than liabilities
None are true

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