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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 ______.

  1. 79.6% cents of assets available for each R1 of its liabilities
  2. 79.6% of non-current assets available for each R1ofnon- current liabilities
  3. financed 79.6% of its debt with assets
  4. financed 79.6%of its assets with debt
1
Expert's answer
2021-08-20T05:26:02-0400

financed 79.6%of its assets with debt



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