Business
Business, 27.05.2021 22:00, Turtlelover05

One third of company X's asset purchases were financed by taking out a loan from the bank. The remainder of the asset purchases were financed by selling shares of company X's common stock. What is the financial leverage (ratio) that describes this situation

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One third of company X's asset purchases were financed by taking out a loan from the bank. The remai...

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