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A Firm Has Total Assets of $523,100,current Assets of $186,500,current

Question 3

Multiple Choice

A firm has total assets of $523,100,current assets of $186,500,current liabilities of $141,000,and total debt of $215,000.What is the debt-equity ratio?


A) 0.48
B) 0.70
C) 1.10
D) 1.43
E) 2.13

Correct Answer:

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