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2) A company has total assets of $1,000, current liabilities of $130, and total liabilities of $350. If debt is the only long-term liability, what

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2) A company has total assets of $1,000, current liabilities of $130, and total liabilities of $350. If debt is the only long-term liability, what is the long-term debt ratio? A) 0.25 B) 0.36 C) 0.31 D) 0.19

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