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stranahan stranahan
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7 years ago
Which of the statements below is FALSE?
A) The debt ratio is total assets minus total equity divided by equity.
B) Financial leverage ratios deal with long-term solvency and the use of debt as a financing tool.
C) When the current ratio is greater than 1, we are also saying that net working capital is positive as current assets are greater than current liabilities.
D) Times interest earned equals EBIT divided by interest expense.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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SpoiledBeefSpoiledBeef
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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