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A firms year-end balance sheet reported total liabilities of $250,000 of which noninterest-bearing liabilities (accounts payable, wages payable, etc.) made up $75,000. Calculate the firms
A firms year-end balance sheet reported total liabilities of $250,000 of which noninterest-bearing liabilities (accounts payable, wages payable, etc.) made up $75,000. Calculate the firms debt ratio, funded-debt ratio, and debt/equity ratio if the firms total assets equal $1,000,000
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