Question: ABC reported $356 500 for current assets and $100 500 for other assets They also had $175 000 of current liabilities. ABC's quick assets totaled
ABC reported $356 500 for current assets and $100 500 for other assets They also had $175 000 of current liabilities. ABC's quick assets totaled $222,000, and its long-term liabilities totaled $105 000. Determine ABC's debt ratio
Select one:
a. 354%
b. 100%
c. 61%
d. 56%
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