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Karma Company Has Total Assets of $190,000 and Total Liabilities

Question 174

Multiple Choice

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

A) 0.32 to 1.
B) .047 to 1.
C) 0.53 to 1.
D) 0.90 to 1.

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