Accountancy, asked by ayushipalwankar2107, 11 months ago

What is the approximate total debt ratio for a firm with a total debt to equity ratio of .65?

Answers

Answered by dharani60

0

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Answered by ethanshephard0213

0

Answer: 39%

Explanation: Formula = Debt/(Debt + Equity)

0.65/(0.65+1) = 39%

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