Bonaventure Company has total assets of $1,000,000, liabili ties of $400,000, and equity of $600,000. What is

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Bonaventure Company has total assets of $1,000,000, liabili¬ ties of $400,000, and equity of $600,000. What is its debt ratio (rounded to a whole percent)?

a. 250%

b. 167%

c. 67%

d. 150%

e. 40%

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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Question Posted: Jul 12, 2024 10:05 AM

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Bonaventure Company has total assets of $1,000,000, liabili ties of $400,000, and equity of $600,000. What is

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Fundamental Accounting Principles Volume 2

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