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  • 15-02-2024
  • Business
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Des Chatels Corp is comparing two capital structures. Plan I has 13,000 shares of stock and $130,500 in debt. Plan II has 10,400 shares of stock and $243,600 in debt. Which plan has a higher debt-to-equity ratio?
A) Plan I
B) Plan II
C) Both plans have the same debt-to-equity ratio
D) Insufficient information to determine

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