Q.No.: 9
ABC Ltd. had debt equity ratio of 2:1 and XYZ
Ltd. had debt equity ratio of 1:1. During boom
period equity shareholders of which company
gained more?
(a) ABC Ltd.
(b) XYZ Ltd.
(c) Both a and b
(d) None of the above
Marks: 1
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Answer:
a and b both ABC LTD and XYZ
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