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As of December 31, Year 2, Boxdander Company had $100,000 of assets and $60,000 in owners' equity. What percentage of Boxiander's assets were obtained through

As of December 31, Year 2, Boxdander Company had $100,000 of assets and $60,000 in owners' equity. What percentage of Boxiander's assets were obtained through creditors (lenders)? Multiple Choice 30x 60x 100% 40%

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