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May Cooperative Has Total Assets of $456,000, Current Assets $133,000

Question 44

Multiple Choice

May Cooperative has total assets of $456,000, current assets $133,000, total liabilities $263,000, and current liabilities 87,000. What is the debt to total assets ratio?


A) 24.33%
B) 19.08%
C) 197%
D) 57.68%

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