Business
Business, 22.07.2020 19:01, ltay92

The fiscal 2017 financial statements of Reed Enterprises shows average net operating assets (NOA) of $4,795 million, average net nonoperating obligations (NNO) of $605 million, average total liabilities of $6,330 million, and year-end equity of $5,240 million. The company's 2017 financial leverage (FLEV) is:. A) 0.144
B) 0.126
C) 0.115
D) 0.091

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