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A firm has a total debt ratio of .47. This means the firm has 47 cents in debt for every: Multiple Choice $1 in total
A firm has a total debt ratio of .47. This means the firm has 47 cents in debt for every:
Multiple Choice
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$1 in total equity.
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$.53 in total assets.
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$1 in current assets.
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$.53 in total equity.
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$1 in fixed assets.
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