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At the End of the Current Year,Leer Company Reported Total

Question 72

Multiple Choice

At the end of the current year,Leer Company reported total liabilities of $300,000 and total equity of $100,000.The company's debt ratio on the last year-end was:


A) 300%.
B) 33.3%.
C) 75.0%.
D) 66.67%.
E) $400,000.

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