Multiple Choice QuestionManagers of most firms tend to keep debt-to-asset levels ______.Multiple choice question.above 70%below 10%below 50%above 90%
Question
Solution 1
The answer is "below 50%".
Here's why:
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Debt-to-asset ratio is a financial ratio used to understand a company's financial leverage. It indicates what proportion of a company's assets is financed by debt.
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A high debt-to-asset ratio can be risky because it means the company has a lot of debt Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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