States that a lower Debt-to-Equity ratio is better. This would imply that it is best for firms
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States that a lower Debt-to-Equity ratio is better. This would imply that it is best for firms to have $0 debt, and thus a zero debt-to-equity ratio. But many very successful firms hold debt. Why?
Expert Answer:
In general a healthy debttoequity ratio is anything that is less than one to one A hazardous ratio o... View the full answer
Related Book For 
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
Posted Date:
