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A company has total stockholders' equity of $2,000,000 and total debt of $3,000,000. The equity ratio is: 40%. Can someone explain how to arrive at
A company has total stockholders' equity of $2,000,000 and total debt of $3,000,000. The equity ratio is: 40%. Can someone explain how to arrive at the 40%?
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Canadian Edition
0470836792, 978-0470836798
