Ratio-proportion-fraction and percent

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Reference no: EM131835624

True or False Questions:

1. "Ratio", "proportion", "fraction" and "percent" all mean the same thing.

2. If the debt-equity ratio is 1.25, the equity multiplier would be 2.50.

3. An increase in the cash coverage ratio means that a firm is less likely to default on its outstanding debt.

Reference no: EM131835624

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