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Assume that a corporation has $15,250,000 in total assets, $7,250,000 in shareholders' equity. What is the debt-to-total asset ratio? Select one: a. .48 to 1

Assume that a corporation has $15,250,000 in total assets, $7,250,000 in shareholders' equity. What is the debt-to-total asset ratio? Select one: a. .48 to 1 b. 52 to 1 c..55 to 1 O d. 45 to 1

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