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Ratios: Debt to Asset Ratio
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Ratios: Debt to Asset Ratio
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14. Financial Statement Analysis / Ratios: Debt to Asset Ratio / Problem 3
Problem 3
If a company has a debt to asset ratio of 0.6, what percentage of its assets are financed through debt?
A
40%
B
6%
C
0.6%
D
60%
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