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Dante's Designs Has Current Assets of $57,000 Long-Term Assets of $139,000

Question 158

Multiple Choice

Dante's Designs has current assets of $57,000 long-term assets of $139,000 current liabilities of $49,000 long-term liabilities of $93,000. Dante's debt ratio is: (Round your final answer to the nearest whole number.)


A) 86%.
B) 67%.
C) 35%.
D) 72%.

Correct Answer:

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