Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter3: Analysis Of Financial Statements
Section: Chapter Questions
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Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____

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