The higher the ratio of debt to total assets, the smaller is the use of financial leverage.
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Q19: If a firm has retained earnings, it
Q20: The sum of a firm's liabilities and
Q21: Liabilities equal
A) assets
B) equity
C) equity minus assets
D)
Q22: The return on equity represents what the
Q23: Current liabilities include
A) stock
B) bonds
C) accounts receivable
D)
Q25: The more rapidly receivables turn over, the
Q26: Accountants suggest that assets
A) should be valued
Q27: The more rapidly inventory turns over, the
Q28: If the "times‑interest‑earned" were 1.5, that implies
Q29: If a firm issues long‑term debt and
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