A firm has total assets of $2,000,000. It has $900,000 in long-term debt. The shareholders'...
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A firm has total assets of $2,000,000. It has $900,000 in long-term debt. The shareholders' equity is $900,000. What is the total debt to asset ratio? Select one: a. 45% X b. 40% c. 55% d. 100% A firm's cash borrowing needs can be reduced if its inventory turnover rate can be increased. Select one: True O False
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