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Homework answers / question archive / Casey Cordell is the owner of a digital photography service in Madison, Wisconsin

Casey Cordell is the owner of a digital photography service in Madison, Wisconsin

Economics

Casey Cordell is the owner of a digital photography service in Madison, Wisconsin.  

The company has been profitable every year of its existence. Its debt ratio is currently  

68 percent, its current ratio is 1:1, and its debt-to-equity ratio is 72.2 percent. Do these  

financial numbers cause any reason to be concerned? Why or why not?

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