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For 2017 your corporation has current assets of $6,120, net fixed assets of $31,720 (which equals total assets of $37,840), current liabilities of $4,491, long-term debt of $7,600 (which equals total liabilities of $12,091), and total stockholder's equity of $25,749. What is the total debt ratio for 2017? Please show your ratio and calculations.

Financial Management, Finance

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