A firm has an equity multiplier of 1.5.This means that the firm has a:
A)debt-equity ratio of 0.67.
B)debt-equity ratio of 0.33.
C)total debt ratio of 0.50.
D)total debt ratio of 0.67.
E)total debt ratio of 0.33.

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The Answer of A firm has an equity multiplier of 1.5.This means that the firm has a:
A)debt-equity ratio of 0.67.
B)debt-equity ratio of 0.33.
C)total debt ratio of 0.50.
D)total debt ratio of 0.67.
E)total debt ratio of 0.33.

A Firm Has an Equity Multiplier of 1