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ABC Corp has a debt equity ratio of 1 (one). What is the debt asset ratio? (assets equals the sum of debt and equity). A)

ABC Corp has a debt equity ratio of 1 (one). What is the debt asset ratio? (assets equals the sum of debt and equity).

A) 40%

B) between 40% & 60%

C) between 100% & 120%

D) more than 120%

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