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Answer to Question #227607 in Finance for Fisiwe Shezi
Question #227607
IBM's debt ratio for 2010 is 79.6%. This means that IBM has ______.
- 79.6% cents of assets available for each R1 of its liabilities
- 79.6% of non-current assets available for each R1ofnon- current liabilities
- financed 79.6% of its debt with assets
- financed 79.6%of its assets with debt
Expert's answer
financed 79.6%of its assets with debt
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