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A firm has total assets of $1,970,000. It has $880,000 in long-term debt. The stockholders equity is $680,000. What is the debt to total asset

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A firm has total assets of $1,970,000. It has $880,000 in long-term debt. The stockholders equity is $680,000. What is the debt to total asset ratio? (Round your answer to the nearest whole percent.) 65% 81% None of the items 75%

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