The debt to equity ratio is calculated as:
A. Total assets / total equity
B. Current liabilities / total equity
C. Total liabilities / total assets
D. Total liabilities / total equity
Ans: D. Total liabilities / total equity
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Garnishment is
A) one type of pleading in the Small Claims Court. B) the technical name for a judgement C) a legal process used to collect on a judgement D) a defence to a claim in a higher court E) a way to enhance the presentation of a mea
Unlike the situation with exchange rate risk, there is no uncertainty on the part of management for shareholder preferences regarding interest rate risk
Shareholders prefer that managers hedge interest rate risk rather than having shareholders diversify away such risk through portfolio diversification. Indicate whether the statement is true or false.