Then calculate the debt ratio of a service-oriented company, Financial Management

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Then calculate the debt ratio of a service-oriented company

Visit Yahoo! Finance (finance.yahoo.com) and calculate the debt ratio of an industrial equipment manufacturer, such as Illinois Tool Works, Inc. Then calculate the debt ratio of a service-oriented company, such as Cognizant Technology Solutions. Based on what you learned about leverage in this chapter, what would account for the difference in their debt ratios?

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