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A newly established firm raises $300,000 in equity and borrows $200,000. The firm purchases a sophisticated piece of equipment for $500,000. What is the capital

A newly established firm raises $300,000 in equity and borrows $200,000. The firm purchases a sophisticated piece of equipment for $500,000. What is the capital structure ratio of the firm? O 0.40 O 1.50 O 0.60 0.66

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