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A company has a total debt ratio of 66%. Its debt to equity ratio is closest to: Group of answer choices a) 0.66 b) 0.52

A company has a total debt ratio of 66%. Its debt to equity ratio is closest to:

Group of answer choices

a) 0.66

b) 0.52

c) 1.66

d) 1.94

Please provide an explanation for my understanding. Thank you!

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