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Which of the following statements is FALSE?A. Market capitalization is the number of shares outstanding times the market price.B. A company with a .05x interest coverage ratio would be at less risk of missing payments on interest than a company with a 4.9x interest coverage ratio.C. The DuPont Identity is an expression that breaks the return on equity into three parts that measure operating efficiency, asset use efficiency, and financial leverage.D. Sometimes book equity can become negative, and when that happens, positive ROE is not a good sign.
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