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A Firm Has Total Assets of $638,727, Current Assets of $203,015

Question 96

Multiple Choice

A firm has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total debt of $348,092.What is the debt-equity ratio?


A) 1.03
B) 1.20
C) 1.31
D) 1.43
E) .87

Correct Answer:

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