Resolute Limited reported the following items on their Statement of Financial Position: Prepaid Expenses $85,000 Current...

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Resolute Limited reported the following items on their Statement of Financial Position: Prepaid Expenses $85,000 Current liabilities (interest bearing) 135,000 Long-term note payable 250,000 Bonds payable 95,000 Share capital 125,000 Retained earnings 157,500 The debt to equity ratio for Resolute is closest to Resolute Limited reported the following items on their Statement of Financial Position: Prepaid Expenses $85,000 Current liabilities (interest bearing) 135,000 Long-term note payable 250,000 Bonds payable 95,000 Share capital 125,000 Retained earnings 157,500 The debt to equity ratio for Resolute is closest to

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