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Rosewood Company had Current Assets of $582, Current Liabilities of $433, Total Assets of $732, and only Current Liabilities are Total Liabilities. If Rosewood executes a note for $500 for six months, what is the new debt ratio?

A. 0.59

B. 0.75

C. 1.27

D. 2.15

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  • Reference No.:- M948540

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