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Mathematics, 14.02.2020 01:52 mr663656
Companies HD and LD are both profitable, and they have the same total assets (TA), total invested capital, sales (S), return on assets (ROA), and profit margin (PM). Both firms finance using only debt and common equity. However, Company HD has the higher total debt to total capital ratio. Which of the following statements is CORRECT?
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Companies HD and LD are both profitable, and they have the same total assets (TA), total invested ca...
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