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A firm has total assets of $662,900, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt-equity ratio?

A firm has total assets of $662,900, current assets of $186,500, current liabilities of $141,000, and total debt of $215,000. What is the debt-equity ratio? Select one: a. 0.48 b. 0.70 c. 1.10 d. 1.43 e. 2.13

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