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ACME's balance sheet showed the following amounts for their liabilities and stockholders equity accounts: current liabilities, $21,000; Bonds payable, $60,000; lease obligations, $12,000; and deferred
ACME's balance sheet showed the following amounts for their liabilities and stockholders equity accounts: current liabilities, $21,000; Bonds payable, $60,000; lease obligations, $12,000; and deferred income taxes, $2,000. total stockholders equity was $41,750. the debt-to-equity ratio is?..
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