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Southern Style Realty Has Total Assets of $485,390, Net Fixed

Question 48

Multiple Choice

Southern Style Realty has total assets of $485,390, net fixed assets of $250,000, current liabilities of $23,456, and long-term liabilities of $148,000.What is the total debt ratio?


A) ..30
B) ..35
C) ..69
D) ..53
E) ..68

Correct Answer:

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