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When a Firm's Long-Term Debt-Equity Ratio Is

Question 83

Multiple Choice

When a firm's long-term debt-equity ratio is .98,the firm:


A) has too much long-term debt in relation to leases.
B) has less long-term debt than equity.
C) is nearing insolvency.
D) has as much in long-term liabilities as in equity.

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