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Is argos ratio low enough that it can borrow to buy the gate

Discussion Post: Corporate Finance

Finally, the CFO wants to know if the consolidated balance sheet's Debt/Equity ratio is below 0.5. If so, it will allow Argo to buy the gates. Is Argo's ratio low enough that it can borrow to buy the gates?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Corporate Finance: Is argos ratio low enough that it can borrow to buy the gate

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