If a company presently has B+ credit rating, which one of the following will not contribute...
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If a company presently has B+ credit rating, which one of the following will not contribute to achieving a higher credit rating? A higher interest coverage ratio Larger retained earnings A higher default risk ratio A change in its default risk rating from "medium" to "low" A lower debt to assets ratio If a company presently has B+ credit rating, which one of the following will not contribute to achieving a higher credit rating? A higher interest coverage ratio Larger retained earnings A higher default risk ratio A change in its default risk rating from "medium" to "low" A lower debt to assets ratio
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Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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