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Albright Corp. has the following balances at the end of the current year: Total Assets Total Liabilities Total Equity $110,000 55,000 55,000 Calculate the debt

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Albright Corp. has the following balances at the end of the current year: Total Assets Total Liabilities Total Equity $110,000 55,000 55,000 Calculate the debt to equity ratio. (Round your answer to two decimal places.) A. 4 B. 1 O C. 3 OD. 2

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