Calculate the debt ratio if liabilities are $50,000, expenses are $30,000, Property, plant and equipment are $40,000
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Question:
Calculate the debt ratio if liabilities are $50,000, expenses are $30,000, Property, plant and equipment are $40,000 and assets are $110,000.
Expert Answer:
The debt ratio is calculated by dividing total liabilities by total assets I... View the full answer
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