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A firm has a long - term debt - equity ratio of 0 . 5 . Shareholders' equity is $ 1 . 0 7 million.
A firm has a longterm debtequity ratio of Shareholders' equity is $ million. Current assets are $ and the current ratio is The only current liabilities are notes payable. What is the total debt ratio?
Note: Round your answer to decimal places.
Total debt ratio
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