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ABC Corp has recently published its annual report, revealing that its balance sheet reflects total assets amounting to $500,000, while its liabilities stand at $200,000.

  • ABC Corp has recently published its annual report, revealing that its balance sheet reflects total assets amounting to $500,000, while its liabilities stand at $200,000. Simultaneously, equity is reported at $300,000. In light of this information, compute the company's debt-to-equity ratio, providing an analysis of what this ratio signifies for the company's financial health and leverage.

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