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A company has the following information. What is the debt-to-assets ratio? Total assets Total liabilities Interest expense Net income Tax expense 12,000 $736,000 314,000 9,400

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A company has the following information. What is the debt-to-assets ratio? Total assets Total liabilities Interest expense Net income Tax expense 12,000 $736,000 314,000 9,400 43,500 0.5734 1.7441 2.3439 0.4266

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