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A firm has a total debt ratio of 0.56. This means the firm has $0.56 in debt for every Group of answer choices $0.44 in

A firm has a total debt ratio of 0.56. This means the firm has $0.56 in debt for every Group of answer choices

$0.44 in equity

$1 in equity

$1.44 in total assets

$1.56 in total assets

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