XYZ Inc. has a total debt ratio of 0.62. Calculate the company's equity multiplier. A. 2.63 B.
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Question:
XYZ Inc. has a total debt ratio of 0.62. Calculate the company's equity multiplier.
A. 2.63
B. 1.97
C. 1.61
D. 3.04
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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