1. White Memorial Hospital has a debt-to-equity ratio of 0.67. What is the hospital's debt ratio?
1) 10 percent
2) 20 percent
3) 30 percent
4) 40 percent
5) 50 percent
2. Commissions and other expenses for acquiring the shares are treated as part of the cost of the equity-is this true, and if so, what are the exceptions?