mikki742 mikki742
  • 01-09-2017
  • Business
contestada

Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.

Respuesta :

nobillionaireNobley
nobillionaireNobley nobillionaireNobley
  • 15-09-2017
The equity multiplier is obtained by adding one to the debt ratio.

Therefore, the equity multiplier of XYZ inc is given by 1 + 0.62 = 1.62
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