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Queen, Inc., has a total debt ratio of .22. a. What is its debt-equity ratio? b. What is its equity multiplier?

Entrepreneurial Finance

6th Edition

ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter5: Evaluating Operating And Financial Performance

Section5.4: Leverage Ratios

Problem 1CC

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Queen, Inc., has a total debt ratio of .22.

a.	What is its debt-equity ratio?

b.	What is its equity multiplier?

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