A company can improve (lower) its debt-to-total asset ratio by doing which of the following?
A.) Borrow more.
B.) Shift short-term to long-term debt.
C.) Shift long-term to short-term debt.
D.) Sell common stock.
Answer: D
A company can improve (lower) its debt-to-total asset ratio by doing which of the following?
A.) Borrow more.
B.) Shift short-term to long-term debt.
C.) Shift long-term to short-term debt.
D.) Sell common stock.
Answer: D