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:

Verified
Correct Answer:
Verified
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