Coulter Supply has a total debt ratio of .46. What is the equity multiplier? Select one: a. .89 b. 1.17 c. 1.47 d. 1.85 e. 2.17

Option D.

Step-by-step explanation:

The formula for total debt ratio is

It can be rewritten as

    .... (1)

We know that,

         ... (2)

Using (1) and (2) we get

Substitute total debt ratio=0.46 in the above equation.

Therefore, the correct option is D.

i dont understand the question? ?

step-by-step explanation:

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

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