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Assets of a firm include Cash of $65,000 and Computers worth $30,000. Those assets are financed with a Bank Loan of $50,000 and Shareholder's Equity
Assets of a firm include Cash of $65,000 and Computers worth $30,000. Those assets are financed with a Bank Loan of $50,000 and Shareholder's Equity of $45,000. How much is the ratio of Real to Total Assets? Enter your answer in the following format: 0.12
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