Assume Apex borrows $2 million to finance its expansion. Apex's debt ratio immediately after the borrowing will be:
A) .10.
B) .20.
C) .33 (rounded).
D) .18.

Name: Assume Apex borrows $2 million to finance its expansion. Apex's debt ratio immediately after the borrowing will be: A) .10. B) .20. C) .33 (rounded). D) .18.
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The Answer of Assume Apex borrows $2 million to finance its expansion. Apex's debt ratio immediately after the borrowing will be:
A) .10.
B) .20.
C) .33 (rounded).
D) .18.

Assume Apex Borrows $2 Million to Finance Its Expansion