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    Financial and Managerial Accounting Study Set 1
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    Exam 2: Accounting for Business Transactions
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    Sanders Co
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Sanders Co

Question 135

Question 135

Multiple Choice

Sanders Co.has total assets of $385 million.Its total liabilities are $100.1 million and its equity is $284.9 million.Calculate its debt ratio.


A) 35%.
B) 26%.
C) 38%.
D) 28%.
E) 58%.

Correct Answer:

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