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A firm has total assets of $1,940,000. It has $831,000 in long-term debt. The stockholders equity is $631,000. What is the debt to total asset
A firm has total assets of $1,940,000. It has $831,000 in long-term debt. The stockholders equity is $631,000. What is the debt to total asset ratio? (Round your answer to the nearest whole percent.) |
77% | |
67% | |
83% | |
None of the items |
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