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A firm has total assets of $2,070,000. It has $801,000 in long-term debt. The stockholders equity is $601,000. What is the debt to total asset
A firm has total assets of $2,070,000. It has $801,000 in long-term debt. The stockholders equity is $601,000. What is the debt to total asset ratio? (Round your answer to the nearest whole percent.)
71%
None of the items
86%
81%
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