Q.
1
Statement (I) : A debt-equity ratio of 2 : 1 indicates that for every 1 unit of equity, the company has raised 2 units of debt.
Statement (II) : The cost of floating an equity issue is lesser than the cost of floating a debt
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Both the Statements (I) and (II) are false.
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Both the Statements (I) and (II) are true.
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Statement (I) is false and Statement (II) is true.
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Statement (I) is true and Statement (II) is false