Question: Please provide the solution to this general accounting question using proper accounting principles. At the end of the year, Glendale Furnishings reported total liabilities of

Please provide the solution to this general accounting question using proper accounting principles.

At the end of the year, Glendale Furnishings reported total liabilities of $2,400,000 and total assets of $5,000,000. What is the company's debt to assets ratio

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