Crystal Lake, Inc., has a total debt ratio of 0.23. Note: once you know the total debt

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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%.

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(a)	What is its debt-equity ratio?

(b)	What is its equity multiplier?

Related Book For answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: Feb 29, 2024 12:37 AM

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Crystal Lake, Inc., has a total debt ratio of 0.23. Note: once you know the total debt

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Fundamentals of corporate finance

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