a firm has a debt-equity ratio of 0.6, then what is its total debt
ratio? Show your answer to the nearest .1%. Thus an answer of 1/1.5
would be entered at 60.0, rather than .600.
D/E = 0.6
D/V = 0.6/(0.6+1) = 0.375
Debt ratio = debt / total assets = 0.375....assuming debt and equity are the only components of liability side
DEBT RATIO = 37.5 (ANSWER)
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