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A company has $200,000 in assets and $100,000 in liabilities. If the company's equity is $80,000, what is its debt-to-equity ratio?
A company has $200,000 in assets and $100,000 in liabilities. If the company's equity is $80,000, what is its debt-to-equity ratio?
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
12th edition
132552620, 978-0132552622
