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Wilson's Realty Has Total Assets of $46,800,net Fixed Assets of $37,400,current

Question 78

Multiple Choice

Wilson's Realty has total assets of $46,800,net fixed assets of $37,400,current liabilities of $6,100,and long-term liabilities of $24,600.What is the total debt ratio?


A) 0.41
B) 0.60
C) 0.66
D) 0.78
E) 0.86

Correct Answer:

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