Multiple Choice
Calculate the debt ratio from the following information. Land and building = $500,000
Machinery = $300,000
Cash in hand = $400,000
Total debts = $300,000
A) 3:4
B) 1:4
C) 2:3
D) 2:2
E) 1:3
Correct Answer:
Verified
Correct Answer:
Verified
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