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    Exam 2: Financial Statements and Ratio Analysis
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    What Is a Firm's Debt Ratio If Its Total Assets
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What Is a Firm's Debt Ratio If Its Total Assets

Question 14

Question 14

Multiple Choice

What is a firm's debt ratio if its total assets are $135,000,equity is $75,000,current liabilities are $24,000,and total liabilities are $105,000?


A) 140%
B) 110%
C) 50%
D) 60%
E) 78%

Correct Answer:

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