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Rajan Company's Most Recent Balance Sheet Reported Total Assets of $1.9

Question 179

Multiple Choice

Rajan Company's most recent balance sheet reported total assets of $1.9 million, total liabilities of $0.8 million, and total equity of $1.1 million. Its debt to equity ratio is:


A) 0.42
B) 0.58
C) 1.38
D) 0.73
E) 1.00

Correct Answer:

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