Assume Gamma borrows $5 million to finance its expansion. Gamma's debt ratio immediately after the borrowing will be (rounded):
A) .11.
B) .23.
C) .30 (rounded).
D) .35.

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The Answer of Assume Gamma borrows $5 million to finance its expansion. Gamma's debt ratio immediately after the borrowing will be (rounded):
A) .11.
B) .23.
C) .30 (rounded).
D) .35.

Assume Gamma Borrows $5 Million to Finance Its Expansion