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    Exam 3: Working With Financial Statements
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    Denbo's,Inc
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Denbo's,Inc

Question 114

Question 114

Multiple Choice

Denbo's,Inc.has total equity of $389,600,long-term debt of $116,400,net working capital of $1,600,and total assets of $627,600.What is the total debt ratio?


A) 0.19
B) 0.38
C) 0.67
D) 1.49
E) 3.85

Correct Answer:

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