Assume Apex borrows $2 million to finance its expansion.Apex's debt ratio immediately after the borrowing will be:
A)0.10.
B)0.20.
C)0.33 (rounded).
D)0.18 (rounded).

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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)0.10.
B)0.20.
C)0.33 (rounded).
D)0.18 (rounded).

Assume Apex Borrows $2 Million to Finance Its Expansion