Question 9 An analyst has gathered the following three years of data (in millions) for a...
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Question 9 An analyst has gathered the following three years of data (in millions) for a company: Select Data from Balance Sheets Total current assets Fixed assets, net Short-term debt Total current liabilities Long-term debt Equity Total liabilities and equity 20X3 20X2 20X1 300 250 200 600 570 560 100 100 100 330 220 200 120 100 105 450 400 355 900 820 660 The 20X3 financial leverage ratio that should be used in a DuPont analysis is closest to: 0.3 O 1.9 O 2.0 1 pts Question 9 An analyst has gathered the following three years of data (in millions) for a company: Select Data from Balance Sheets Total current assets Fixed assets, net Short-term debt Total current liabilities Long-term debt Equity Total liabilities and equity 20X3 20X2 20X1 300 250 200 600 570 560 100 100 100 330 220 200 120 100 105 450 400 355 900 820 660 The 20X3 financial leverage ratio that should be used in a DuPont analysis is closest to: 0.3 O 1.9 O 2.0 1 pts
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