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A firm has a total debt ratio of .47 which means the firm has 47 cents in debt for every 1. $1 in current assets
A firm has a total debt ratio of .47 which means the firm has 47 cents in debt for every 1. $1 in current assets 2. $1 in total equity 3. $.53 in total assets $1 in fixed assets 5. $.53 in total equity
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