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A firm's Debt/Asset ratio is 0.50 Which of the following ratios is correct? A. Assets/Equity = 2.00 B. Debt/Equity = 1.50 C. Assets/Equity = 2.50

A firm's Debt/Asset ratio is 0.50 Which of the following ratios is correct?

Assets/Equity = 2.00

Debt/Equity = 1.50

Assets/Equity = 2.50

Debt/Equity = 0.50

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