A capital intensity ratio of 1.03 means a firm has $1.03 in:
A) total debt for every $1 in equity.
B) equity for every $1 in total debt.
C) sales for every $1 in total assets.
D) total assets for every $1 in sales.
E) long-term assets for every $1 in short-term assets.
Correct Answer:
Verified
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