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    Financial Accounting Information for Decisions Study Set 2
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    Exam 2: Accounting System and Financial Statements
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    Jackson Brown Footwear Had Total Liabilities of $130 Million and Total
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Jackson Brown Footwear Had Total Liabilities of $130 Million and Total

Question 183

Question 183

Short Answer

Jackson Brown Footwear had total liabilities of $130 million and total assets of $375 million. Its debt ratio was _______________.

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