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Data from the Financial Statements of Nancarrow Brothers Co

Question 20

Multiple Choice

Data from the financial statements of Nancarrow Brothers Co. and J. C. Murphy, Inc. are presented below (in millions) :
Data from the financial statements of Nancarrow Brothers Co. and J. C. Murphy, Inc. are presented below (in millions) : To the nearest hundredth, what is the 2019 debt-to-total-assets ratio for Nancarrow Brothers Co.? A) 0.71 B) 0.26 C) 3.78 D) 44.16 To the nearest hundredth, what is the 2019 debt-to-total-assets ratio for Nancarrow Brothers Co.?


A) 0.71
B) 0.26
C) 3.78
D) 44.16

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