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Problem:

A firm has total assets of $523,100 current assets of $186,500, crrent liabilities of $141,000 and total debt of $215,000.

Required:

Question: What is the debt-equity ratio?

Note: Please show guided help with steps and answer.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91168836

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