Multiple Choice QuestionManagers of most firms tend to keep debt-to-asset levels ______.Multiple choice question.above 70%below 10%below 50%above 90%

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Multiple Choice QuestionManagers of most firms tend to keep debt-to-asset levels ______.Multiple choice question.above 70%below 10%below 50%above 90%
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Solution 1

The answer is "below 50%".

Here's why:

  1. 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.

  2. A high debt-to-asset ratio can be risky because it means the company has a lot of debt Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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