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The Financial Statements of Burnaby Mountain Trading Company Are Given

Question 45

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The financial statements of Burnaby Mountain Trading Company are given below. The financial statements of Burnaby Mountain Trading Company are given below. Note: The common shares are trading in the stock market for $27 each. -Refer to the financial statements of Burnaby Mountain Trading Company.The firm's leverage ratio for 2008 is _________. A) 1.30 B) 1.50 C) 1.69 D) 2.83 Note: The common shares are trading in the stock market for $27 each.
-Refer to the financial statements of Burnaby Mountain Trading Company.The firm's leverage ratio for 2008 is _________.


A) 1.30
B) 1.50
C) 1.69
D) 2.83

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