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Business, 26.06.2020 16:01 arianayoung

If a company increases its debt ratio, but leaves its operating income (EBIT) and total assets unchanged, which of the following is most likely to occur: a. The company's tax liability will fall. b. The company's net income will rise. c. The company's basic earning power will fall. d. Answers a and b are correct. e. None of the answers above is correct.

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If a company increases its debt ratio, but leaves its operating income (EBIT) and total assets uncha...
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