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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 2: Analyzing and Recording Transactions
  5. Question
    Booth Industries Has Liabilities of $105 Million and Total Assets
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Booth Industries Has Liabilities of $105 Million and Total Assets

Question 54

Question 54

True/False

Booth Industries has liabilities of $105 million and total assets of $350 million. Its debt ratio is 40.0%.

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