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A firm has a long-term debtequity ratio of 0.55. Shareholders equity is $1.4 million. Current assets are $425,000, and total assets are $2.42 million. If

A firm has a long-term debtequity ratio of 0.55. Shareholders equity is $1.4 million. Current assets are $425,000, and total assets are $2.42 million. If the current ratio is 1.7, what is the ratio of debt to total long-term capital?

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