The following information is from the annual report of Adidas AG for December 2019: Depreciation and
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The following information is from the annual report of Adidas AG for December 2019:
• Depreciation and amortization: €1,214 million
• Total assets: €20,640 million
• Total debt: €4,364 million
• Shareholders’ equity: €7,058 million
The debt/capital of Adidas AG is closest to:
A. 21.14%.
B. 38.21%.
C. 61.83%.
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