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    Exam 16: Financial Statement Analysis
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    Karma Corporation Has Total Assets of $190,000 and Total Liabilities
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Karma Corporation Has Total Assets of $190,000 and Total Liabilities

Question 172

Question 172

Multiple Choice

Karma Corporation has total assets of $190,000 and total liabilities of $90,000. The corporation's debt-to-equity ratio is closest to:


A) 0.47
B) 0.90
C) 0.53
D) 0.32

Correct Answer:

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