Question: If leverage ratio is 1.89; Total Asset = $166,404; Total Liabilities: Accounts Payable = $7,048; Current Debt = $13,900; Long-Term Debt = $78,546... Total Equity:

If leverage ratio is 1.89; Total Asset = $166,404; Total Liabilities: Accounts Payable = $7,048; Current Debt = $13,900; Long-Term Debt = $78,546... Total Equity: Common Stock = $46,760, Retained Earnings = $41, 098... How much of the asset is funded by debt in percentage

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