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Amazon.com, Inc. has total assets of $2,000,000 and total liabilities of $1,000,000. Calculate: a) The owner's equity. b) The debt ratio. c) The debt-to-equity ratio.
Amazon.com, Inc. has total assets of $2,000,000 and total liabilities of $1,000,000. Calculate: a) The owner's equity. b) The debt ratio. c) The debt-to-equity ratio. d) The equity multiplier. e) Provide an interpretation of these ratios in terms of the company's financial position.
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