A business has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total

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A business has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total debt of $348,092. What is the debt-equity ratio?

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Financial ACCT2

ISBN: 978-1111530761

2nd edition

Authors: Norman H. Godwin, C. Wayne Alderman

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Posted Date: May 23, 2023 01:52 AM

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A business has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total

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To calculate the debtequity ratio we need to divide the total debt by the equity o... View the full answer

Financial ACCT2

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