A firm reported sales of $10 million. It had a debt ratio of 40 percent and total debt amounted to $3 million. What was the firm's capital intensity ratio?
A) 1.25 times
B) 2.02 times
C) 0.40 times
D) 0.75 times

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The Answer of A firm reported sales of $10 million. It had a debt ratio of 40 percent and total debt amounted to $3 million. What was the firm's capital intensity ratio?
A) 1.25 times
B) 2.02 times
C) 0.40 times
D) 0.75 times

A Firm Reported Sales of $10 Million