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12.If the debt ratio is 40% of assets. What is its debt-to-equity (D/E) ratio? Select one: a. 0.667 b. 0.6 c. 0.2 d. 0.333

12.If the debt ratio is 40% of assets. What is its debt-to-equity (D/E) ratio? Select one: a. 0.667 b. 0.6 c. 0.2 d. 0.333

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