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A corporation reports the following year-end balance sheet data. The company's equity ratio equals: $40.000 Current liblities$75,000 Cash Accounts receivable55,000 Long-term liabilities35,000 Inventory Equipment Total

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A corporation reports the following year-end balance sheet data. The company's equity ratio equals: $40.000 Current liblities$75,000 Cash Accounts receivable55,000 Long-term liabilities35,000 Inventory Equipment Total assets 60,000 Common stock 145,000 Retained earnings 100,000 90,000 Total liabilities and $300,000 equity 0.37 1.27 2.07 0.58 0.63

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