The ability to add debt financing to the current borrowing of the firm and be able to make interest and principal repayments on time is known as the firm's debt-to-equity ratio

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: The ability to add debt financing to the current borrowing of the firm and be able to make interest and principal repayments on time is known as the firm's debt capacity.

Business

You might also like to view...

The origin and/or destination of data, sometimes referred to as external entities defines:

A) source. B) data store. C) data flow. D) process. E) predecessor.

Business

Which of the following may be included in the letterhead?

A. Attorney's name and address B. Attorney's phone number C. Attorney's fax and e-mail address D. All of the above

Business