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Bach Instruments Had Total Assets of $600,000; Total Liabilities of $270,000;

Question 112

Multiple Choice

Bach Instruments had total assets of $600,000; total liabilities of $270,000; and total Stockholders' Equity of $330,000. Bach's debt ratio is: (Round your final answer to the nearest whole number.)


A) 82%.
B) 55%.
C) 45%.
D) 38%.

Correct Answer:

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