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Swenson Motors Has Total Debt of $682,400 and a Debt-Equity

Question 221

Multiple Choice

Swenson Motors has total debt of $682,400 and a debt-equity ratio of.65. What is the value of the total assets?

A) $1,049,846
B) $1,364,800
C) $1,414,141
D) $1,578,002
E) $1,732,246

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