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A firm has $200 million in current liabilities, $400 million in long-term debt, $600 million in stockholders' equity, and total assets of $1200 million. Calculate
A firm has $200 million in current liabilities, $400 million in long-term debt, $600 million in stockholders' equity, and total assets of $1200 million. Calculate the firm's ratio of long-term debt to long-term debt plus equity.
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