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4. Problem 3-02 (Debt Ratio) eBook Debt Ratio Vigo Vacations has $300 million in total assets, $4 million in notes payable, and $20 million in

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4. Problem 3-02 (Debt Ratio) eBook Debt Ratio Vigo Vacations has $300 million in total assets, $4 million in notes payable, and $20 million in long-term debt. What is the debt ratio? Do not round Intermediate calculations. Round your answer to the nearest whole number. %

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