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A company has total assets of $320,000, total liabilities of $180,000, and total stockholders equity of $140,000. Calculate the ratio of liabilities to total assets.
A company has total assets of $320,000, total liabilities of $180,000, and total stockholders equity of $140,000. Calculate the ratio of liabilities to total assets.
A. 65.25%
B. 77.77%
C. 56.25%
D. 43.75%
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