Post Utme Babcock University 2017 Commerce Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Babcock University Commerce examination.

Post Utme Babcock University 2017 Commerce Objective / Multiple Choice
Question 2 POST_UTME_BABCOCK_UNIVERSITY • 2017 • COMMERCE • objective

A company's financial leverage ratio is 2.5. This means that for every 1 unit of equity, the company has

Answer Options

Correct Answer A. 2.5 units of debt
B. 1 unit of debt
C. 0.4 units of debt
D. 5 units of debt
Correct Answer
A
Correct Option:
2.5 units of debt

About This Question

This is Post Utme Babcock University 2017 Commerce Question 2. It is one of the objective questions from the 2017 Post Utme Babcock University Commerce examination.

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