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A firm's total assets (total capital) are $1 million, total liabilities (debt capital) is $600,000, what is the debt ratio? None of these 60% 66.67%

A firm's total assets (total capital) are $1 million, total liabilities (debt capital) is $600,000, what is the debt ratio? None of these 60% 66.67% 2.5% 40%

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