Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
A) 0.60
B) 1.47
C) 1.74
D) 0
Answer: B
Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
A) 0.60
B) 1.47
C) 1.74
D) 0
Answer: B