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    Financial and Managerial Accounting
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    Exam 2: Recording Business Transactions
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    Mitchell Florists & Co
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Mitchell Florists & Co

Question 175

Question 175

Multiple Choice

Mitchell Florists & Co.reported assets of $1,000 and equity of $450.What is its debt ratio? (Round your percentage answer to two decimal places. )


A) 55.00%
B) 45.00%
C) 100.00%
D) 60.00%

Correct Answer:

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